Stern Review

The Stern Review, published in 2006, is a comprehensive report on the economic impact of climate change. Led by economist Sir Nicholas Stern, it emphasizes that failing to address climate change could cost the world significantly more than taking proactive measures. The report argues for immediate action to reduce greenhouse gas emissions, highlighting both the risks of inaction and the potential economic benefits of investing in sustainable solutions. It suggests that a coordinated global effort is essential to mitigate climate change effects and ensure a sustainable future for economies and communities worldwide.