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Stern review on the economics of climate change

From dKosopedia

The Stern Review on the Economics of Climate Change is a report commissioned by the British government, and published on October 30, 2006. Its author, Sir Nicholas Stern, is the former chief economist of the World Bank and the Head of the Government Economics Service.

The report concludes that mitigating the effects of global warming would only cost about 1% of global GDP from now until 2050, but that the consequences of unrestrained global warming would cost the global economy 5-20% of GDP. It also predicts that a rising sea level could displace up to 100 million people, and that droughts might create tens of millions of climate refugees.

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This page was last modified 18:05, 31 October 2006 by dKosopedia user Patrick0Moran. Based on work by dKosopedia user(s) Corncam. Content is available under the terms of the GNU Free Documentation License.

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