The Economics of Climate Change: The Stern ReviewCambridge University Press, 2007 M01 4 - 692 pages 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. |
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Contents
2 | 25 |
Social cost of carbon | 30 |
2A | 46 |
II | 63 |
3 | 65 |
Table 31 Highlights of possible climate impacts discussed in this | 66 |
1570 butterflies | 67 |
Deaths from climate change | 88 |
12 | 302 |
13 | 318 |
IV | 349 |
14 | 351 |
15 | 368 |
16 | 393 |
17 | 427 |
V | 455 |
4 | 104 |
5 | 138 |
6 | 161 |
III | 191 |
7 | 193 |
7A | 216 |
8 | 218 |
9 Identifying the Costs of Mitigation | 238 |
10 | 267 |
11 | 282 |
Key Statistics for 123 UK | 297 |
18 | 457 |
19 | 471 |
Adaptation in the Developing World | 486 |
VI | 507 |
21 | 509 |
22 | 530 |
23 | 555 |
24 | 581 |
25 | 603 |
International Support for Adaptation | 622 |
27 | 640 |
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Common terms and phrases
abatement action adaptation agriculture allocation analysis Assessment average benefits billion carbon dioxide carbon price Chapter climate change climate sensitivity co-operation CO2 emissions CO2e consumption cost of carbon cost of climate damage deforestation deployment developing countries difficult discussed economic effects emissions reductions emissions trading energy efficiency environment environmental estimates example figure finance financial firms first flexibility flood flows forest fossil fuel framework future GHG emissions global goal governments greenhouse gases growth GtCO2 Hadley Centre higher impacts of climate important incentives income increase industry influence infrastructure innovation investment IPCC Kyoto Protocol long-term marginal mitigation models OECD potential ppm CO2e production programmes projects range reduce emissions reflect regions rise risk scenarios scientific sea level rise sectors significant social cost specific Stern Review sufficient temperatures tion trading schemes uncertainty vulnerable warming World Bank