Lord Stern, the world’s most authoritative climate economist, has issued a stark warning that the financial damage caused by global warming will be considerably greater than current models predict.
This makes it more important than ever to take urgent and drastic action to curb climate change by reducing carbon emissions, he argues.
The most recent report by International Panel on Climate Change (IPCC), pointed out that the development of poorer countries is an important part of why emissions are rising and will continue to do so. Development does not necessarily have to follow a high-emissions path, however. The report says with the right policies it's possible to prevent dangerous human-caused climate change, allow ecosystems to adapt, make sure global food production is not threatened and ensure countries can develop sustainably - all at the same time.
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