Stern Review The Economics Of Climate Change

The Economics of Climate Change by Nicholas Stern.

Stern review the economics of climate change The Stern Review argues that the damages from climate change are large and that nations should undertake sharp and immediate reductions in greenhouse-gas emissions. The Economics of Climate Change. Climate change is a serious global threat and it demands an urgent global response.

The approach taken in the Review selecting climate-change policies with an eye to balancing economic needs with environmental dangers is solidly grounded in mainstream economic analysis. This is dedicated to my close friend. The views expressed here are mine and do not necessarily reflect the judgements or positions of those who kindly provided advice or of the London School of Economics or of the UK Government for whom I was working while leading the Stern Review on the Economics of Climate Change.

May 3 2007. Climate change presents very serious global risks and it. Amartya Sen - recipient of the Nobel Prize for Economics 1998 The Stern Review of The Economics of Climate Change provides the most thorough and rigorous analysis to date of the costs and risks of climate change and the costs and risks of reducing emissions.

According to Stern if we do not act quickly to reduce our emissions of greenhouse gases. The Stern Review argues that the damages from climate change are large and that nations should undertake sharp and immediate reductions in greenhouse gas emissions. The Stern Review is a landmark study that was published on 30 October 2006.

This question has been addressed by the recent Stern Review on the Economics of Climate Change which answers these questions clearly and unambiguously. We need urgent sharp and immediate reductions in greenhouse-gas emissions. And it provides a comprehensive agenda-one which is economically.

From all of these perspectives the evidence gathered by the Review leads to a simple conclusion. Led by one of the worlds top economists the Stern Review shows convincingly that the benefits of early global action to mitigate climate change will be far lower than the costs. The Stern review on the economics of climate change is an influential report published in 2006.