Nicholas Stern, Economist

Nicholas Stern is a British economist best known for his work on climate change and its economic impacts. He served as Chief Economist at the World Bank and led the Stern Review on the Economics of Climate Change in 2006. This influential report argued that the cost of inaction on climate change would far exceed the costs of taking action to address it. Stern emphasizes the need for policies that balance economic growth with environmental sustainability, advocating for investments in green technologies to mitigate climate change while promoting economic development. His work highlights the urgent economic reasons for addressing climate change.