Nicholas Stern Book order

"The risks of climate change are potentially immense. The benefits of taking action are also clear: we can see that economic development, reduced emissions, and creative adaptation go hand in hand. Why, then, are we waiting? Nicholas Stern explains why, notwithstanding the great attractions of a new path, it has been so difficult to tackle climate change effectively. He argues that the risks and costs of climate change are worse than estimated in the landmark Stern Review in 2006 -- and far worse than implied by standard economic models. He reminds us that we have a choice. We can rely on past technologies, methods, and institutions -- or we can embrace change, innovation, and international collaboration. The first might bring us some short-term growth but would lead eventually to chaos, conflict, and destruction. The second could bring about better lives for all and growth that is sustainable over the long term, and help win the battle against worldwide poverty."--Provided by publisher

In October 2006, Nicholas Stern, one of the greatest economists and public intellectuals of our day, made headlines around the world with his report, which reviewed the costs and benefits of dealing with global warming. The world's community has l...

Hurricanes and storms strike New Orleans and Mumbai;Further substantial climate change is unavoidable and the risks to the natural world, the economy and our everyday lives are immense. Here Lord Stern, a world leading authority on climate change, confronts urgent questions: What are the dangers? How can the world adapt?

There is now clear scientific evidence that emissions from economic activity, particularly the burning of fossil fuels for energy, are causing changes to the Earth's climate. A sound understanding of the economics of climate change is needed in order to underpin an effective global response to this challenge. The Stern Review is an independent, rigourous and comprehensive analysis of the economic aspects of this crucial issue. It has been conducted by Sir Nicholas Stern, Head of the UK Government Economic Service, and a former Chief Economist of the World Bank. The Economics of Climate Change will be invaluable for all students of the economics and policy implications of climate change, and economists, scientists and policy makers involved in all aspects of climate change.

The former Chief Economist at the World Bank proposes a strategy for development based on two interrelated approaches: building an investment climate that encourages growth and empowering poor people to participate in that growth.