Stern Review: The Economics of Climate Change

The Review's executive summary states that "the Review first examines the evidence on the economic impacts of climate change itself, and explores the economics of stabilizing greenhouse gases in the atmosphere. The second half of the Review considers the complex policy challenges involved in managing the transition to a low-carbon economy and in ensuring that societies can adapt to the consequences of climate change that can no longer be avoided". The report's main conclusion is that the benefits of strong, early action on climate change considerably outweigh the costs.

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