Nicholas Stern was commissioned to head the Stern Review on The Economics of Climate Change in 2006 (here is the report). The conclusions urged the world to take immediate action and we are far behind in implementing the recommendations made. While the Stern Commission was criticized for being alarmist in its assessments in 2006, ironically they were too conservative: climate impacts have compounded faster than predicted. Fortunately technological advancements are also moving faster than most thought possible, and the ‘good growth’ prospects for transitioning the world to sustainable systems is too compelling for thinking people to deny.
Nicholas Stern chair at LSE Grantham Research Institute, discusses the state of the Paris agreement on climate change and the importance of the United States staying in the agreement. Here is a direct video link.
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