Climate change and economic development: what model of development in the face of the effects of climate change?

Climate change has become a central issue for any vision that deals with the issue of economic and social development. Thus, controlling the potential effects of climate change has become a priority for any strategy or action aimed at economic and social development. So, the question that arises is: How to adjust between having economic development and mitigating the effects of climate change. Through this work, we have tried to present a new model of economic growth and development by introducing the climatic factor as a central explanatory component of economic development. Thus, based on the Solow model with technical progress and introducing the economic cost relating to the effects of climate change, we have arrived at a model that explains development by four investment rates, namely the investment rate in capital, the rate of investment in labor (human capital), the rate of investment in technical progress and the rate of investment in green economic activities. Thus, these converge with the theories that advocate that investment is the driving factor of all economic growth.