stern n 2006 summary of conclusions


  • What is the conclusion of the Stern review?

    The Stern Review's main conclusion is that the benefits of strong, early action on climate change far outweigh the costs of not acting.
  • What was the main conclusion of the Stern review on the Economics of climate change?

    From all of these perspectives, the evidence gathered by the Review leads to a simple conclusion: the benefits of strong and early action far outweigh the economic costs of not acting.”
  • What did the British economist Nicholas Stern gave the most impressive analysis in the year 2006 on?

    In 2006 climate economist Nicholas Stern published the Stern Review on the Economics of Climate Change, a report that offered the first systematic examination of the costs of addressing climate change and impacts on the global economy.
  • While Stern promotes sharp early abatement as a precautionary measure to prevent potential future catastrophic damage, Nordhaus argues that it is more economically sound to postpone abatement efforts (following a so-called “policy-ramp”) and tolerate higher potential climate risks given that those risks would be better
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