The economics of climate change : the Stern review / [study conducted by] Nicholas Stern.

Contents

Preface & Acknowledgements xi
Introduction to Review xiii
Summary of Conclusions xv

Part I Climate change: our approach

Introduction 1
1 The science of climate change: 2
2 Economics, ethics and climate change 25
2A Technical annex: ethical frameworks and intertemporal equity 46

Part II The Impacts of climate change on growth and development

Introduction 63
3 How climate change will affect people around the world 65
4 Implications of climate change for development 104
5 Costs of climate change in developed countries 138
6 Economic modelling of climate change impacts 161

Part III The economics of stabilisation

Introduction 191
7 Projecting the growth of greenhouse gas emissions 193
7A Annex: Climate change and the environmental Kuznets curve 216
8 The challenge of stabilisation 218
9 Identifying the costs of mitigation 238
10 Macroeconomic models of costs 267
11 Structural change and competitiveness 282
11A Annex: Key statistics for 123 UK production sectors 297
12 Opportunities and wider benefits from climate policies 302
13 Towards a goal for climate change policy 318

Part IV Policy responses for mitigation

Introduction 349
14 Harnessing markets to reduce emissions 351
15 Carbon pricing and emission markets in practice 368
16 Accelerating technological innovation 393
17 Beyond carbon markets and technology 427

Part V Policy responses for adaptation

Introduction 455
18 Understanding the economics of adaptation 457
19 Adaptation in the developed world 471
20 The role of adaptation in sustainable development 486

Part VI International collective action

Introduction 507
21 Framework for understanding international collective action for climate change 509
22 Creating a global price for carbon 530
23 Supporting the transition to a low carbon global economy 555
24 Promoting effective international technology co-operation 581
25 Reversing emissions from land use change 603
26 International support for adaptation 622
27 Conclusions 640

Includes bibliographical references and index.

Climate change-- our approach: The science of climate change : scale of the environment challenge ; Economics, ethics and climate change ; Ethical frameworks and intertemporal equity -- Impacts of climate change on growth and development: How climate change will affect people around the world ; Implications of climate change for development ; Costs of climate change in developed countries ; Economic modelling of climate-change impacts -- The economics of stabilisation: Projecting the growth of greenhouse-gas emissions ; Climate change and the Kuznets curve ; The challenge of stabilisation ; Identifying the costs of mitigation ; Macroeconomic models of costs ; Structural change and competitiveness ; Key statistics for 123 UK production sectors ; Opportunities and wider benefits from climate policies ; Towards a goal for climate-change policy -- Policy responses for mitigation: Harnessing markets for mitigation : the role of taxation and trading ; Carbon pricing and emission markets in practice ; Accelerating technological innovation ; Beyond carbon markets and technology -- Policy responses for adaptation: Understanding the economics of adaptation ; Adaptation in the developed world ; Adaptation in the developing world -- International collective action: Framework for understanding international collective action for climate change -- Creating a global price for carbon -- Supporting the transition to a low-carbon global economy -- Promoting effective international technology co-operation -- Reversing emissions from land use change -- International support for adaptation -- Conclusions : building and sustaining international co-operation on climate change.