Good Practice
UK Stern Review on the Economics of Climate Change
October 2006
On 30 October 2006, Sir Nicholas Stern, Head of the Government Economic Service and Adviser to the Government on the economics of climate change and development, present his report to the UK Prime Minister and the Chancellor of the Exchequer on the Economics of Climate Change.
On publication of the report, Sir Nicholas said:
"The conclusion of the Review is essentially optimistic. There is still time to avoid the worst impacts of climate change, if we act now and act internationally. Governments, businesses and individuals all need to work together to respond to the challenge. Strong, deliberate policy choices by governments are essential to motivate change.
But the task is urgent. Delaying action, even by a decade or two, will take us into dangerous territory. We must not let this window of opportunity close.”
