Climate change a market failure
In 2003, when he was appointed permanent secretary to the uk government's treasury, Nicholas Stern was the World Bank's chief economist.In July 2005, the uk government gave him the job of studying climate change from an economics perspective. The resultant Stern Review was released on October 30, 2006
Related Content
- The adaptation economy: the case for early action on climate adaptation in emerging markets
- Air pollution and climate change: from co-benefits to coherent policies
- Social protection and informal job market reform for tackling climate migration nexus
- Risk and resilience: addressing physical climate risks in infrastructure investment
- Beyond mitigation: quantifying the development benefits of carbon pricing
- The economics of climate change in the Asia-Pacific region