Stern: greatly underestimated costs in climate change report?
{{date|November 4, 2006}}

The {{w|Stern Review}} of the Economics of Climate Change put the cost of keeping emissions at 550 parts per million at one percent of global GDP

A leaked draft report, by the [[UN]] [[Intergovernmental Panel on Climate Change]] (IPCC), due to be published next year, estimates this cost could be between one and five percent of global GDP.
 
The Stern Review put the costs of not acting to resist climate change could be between 5 and 20 percent GDP.

It is reported that UK Ministers are to travel to India and America to promote the Stern Review. Their task will not be eased by the leaked IPCC report which is now said to be available freely on the internet.

Following the Stern Review, Chancellor [[Gordon Brown]] urged the member states of the {{w|European Union Emissions Trading Scheme}} to tighten their targets even further.

== Related news ==

*{{wikinews|title=Reactions to review of economic implications of climate change|date=October 31, 2006}}

==Sources==
{{wikipediapars|[[w:|Climate change]] and [[w:Attribution of recent climate change|Attribution of recent climate change]]}}
*{{source|url=http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2006/11/02/npolitics202.xml
|title=The bill for climate change 'may soar'
|author=Brendan Carlin and George Jones
|pub=The Daily Telegraph
|date=November 2, 2006}}
*{{source|url=http://www.thebusinessonline.com/Document.aspx?id=83497085-CFCF-4763-AF81-687746BE6F0A
|title=Leaked UN report shows Stern is wrong on climate
|author=Fraser Nelson
|pub=The Business (magazine)
|date=November 2, 2006}}
*{{source
|url=http://carbon-financeonline.com/issue/33
|title=UK urges deeper EU emissions cuts after Stern review
|author=
|pub=Carbon Finance
|date=October 30, 2006}}

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[[Category:Climate change]]
[[Category:Environment]]
[[Category:Science and technology]]
[[Category:Economy and business]]
[[Category:United Kingdom]]
[[Category:Australia]]
[[Category:Europe]]
[[Category:World]]
[[Category:United Nations]]
[[Category:Intergovernmental Panel on Climate Change]]
[[Category:Gordon Brown]]
The  of the Economics of Climate Change put the cost of keeping emissions at 550 parts per million at one percent of global GDP

A leaked draft report, by the UN Intergovernmental Panel on Climate Change (IPCC), due to be published next year, estimates this cost could be between one and five percent of global GDP.
 
The Stern Review put the costs of not acting to resist climate change could be between 5 and 20 percent GDP.

It is reported that UK Ministers are to travel to India and America to promote the Stern Review. Their task will not be eased by the leaked IPCC report which is now said to be available freely on the internet.

Following the Stern Review, Chancellor Gordon Brown urged the member states of the  to tighten their targets even further.
Climate change Environment Science and technology Economy and business United Kingdom Australia Europe World United Nations Intergovernmental Panel on Climate Change Gordon Brown