The economics of climate change the stern review has become one of the most influential reports on climate change ever produced since its release by her majestys treasury of the uk government in october 2006 the report was published as a volume in january 2007 by cambridge university press. The stern review of the economics of climate change is a vital step forward in securing an effective global policy on climate change led by one of the worlds top economists the stern review shows convincingly that the benefits of early global action to mitigate climate change will be far lower than the costs. Stern review the economics of climate change vi summary of conclusions there is still time to avoid the worst impacts of climate change if we take strong action now the scientific evidence is now overwhelming climate change is a serious global threat and it demands an urgent global response. The economics of climate change the stern review obal gdp each year now and forever if a wider range of risks and impacts is taken into account the estimates of damage could rise to 20 of gdp gross domestic product or more. Koehler j grubb mj popp d and edenhofer o 2006 the transition to endogenous technical change in climate economy models a technical overview to the innovation modeling comparison project energy journal endogenous technological change and the economics of the atmospheric stabilization special issue 17 55 google scholar
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