The Economics of Climate Change: The Stern Review

By Betts, Nicholas L. | Geography, Spring 2008 | Go to article overview

The Economics of Climate Change: The Stern Review


Betts, Nicholas L., Geography


The Economics of Climate Change: The Stern Review Nicholas Stern Cambridge: Cambridge University Press, 2007 692pp, 17. 5x24. 5cm Pb: £29.99, ISBN 0521700809

Global warming is an unequivocal fact. Atmospheric concentrations of greenhouse gases now far exceed pre-industrial values due to fossil fuel use, land-use change and agriculture, and the Intergovernmental Panel on Climate Change Fourth Report states, with very high confidence, that the globally averaged net effect of human activities since 1750 has been one of warming.

Understanding of the economics of climate change is essential to promote an effective international response to the impacts of Earth's changing climate. The Stern Review represents a comprehensive and authoritative analysis of this issue. The work comprises six parts, commencing with consideration of the nature of the scientific evidence for climate change and the conceptual framework used to examine the economics of climate change. Parts 2 and 3 look at impacts of climate change on growth and development, and at the economics of mitigation - the economic challenges of achieving stabilisation of greenhouse gas emissions. The remaining three sections comprise the analysis of policy to promote mitigation and adaptation.

The scale and detail of its content should not constrain use of the Review in secondary education. …

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