About: climate economics

Climate change 08-12-2009

Climate change: The road to Copenhagen [Archived]

From 7-18 December, governments from 192 countries meeting in Copenhagen will attempt to thrash out a sweeping agreement to succeed the Kyoto Protocol, amid growing signals from scientists that global warming is occurring more quickly than expected.
Climate change 07-12-2009

Economics of climate change

Governments and academics are deeply divided over the economic costs and benefits of combating climate change and moving towards a low-carbon economy. The Stern Review, an influential enquiry into the issue, concluded in 2006 that fighting global warming would cost 1% of global GDP, while non-action could lead to a 20% loss of GDP in the long term. In comparison, research published in January 2009 shows that avoiding dangerous climate change could cost as little as 0.5% of global GDP.