Redeemer University College Science News

Friday, November 3, 2006

Stern Review

The U.K. government commissioned a report on the Economics of Climate Change. The author Sir Nicholas Stern, a former chief World Bank economist, released his report October 30; it can be read online at www.sternreview.org.uk.

His conclusions were:

  • There is still time to avoid the worst impacts of climate change, if we take strong action now.
  • Climate change could have very serious impacts on growth and development.
  • The costs of stabilising the climate are significant but manageable; delay would be dangerous and much more costly.
  • Action on climate change is required across all countries, and it need not cap the aspirations for growth of rich or poor countries.
  • A range of options exists to cut emissions; strong, deliberate policy action is required to motivate their take-up.
  • Climate change demands an international response, based on a shared understanding of long-term goals and agreement on frameworks for action.

1 comment:

Anonymous said...

The report says global warming will have severe impact, including melting glaciers, rising sea levels, declining crop yields, new shortages of drinking water, higher death tolls from malnutrition and heat stress, and more widespread outbreaks of malaria and dengue fever.

The report doesn't provide much incentive for Canada to change though. It says Canada will see higher agricultural yields, lower winter mortality and lower heating requirements.