Stern claims cost of curbing climate change has doubled
1 Jul 2008

Lord Stern has warned that the cost of avoiding dangerous levels of global warming has doubled since he published his influential report on the economics of climate change in late 2006.
In the report, Stern concluded that 1 per cent of global GDP would have to be invested in transitioning toward a low-carbon economy if levels of carbon dioxide are to be kept between 450 and 550 parts per million (ppm) – the level scientists claimed would be required to reduce the risk of temperatures rising by "dangerous" levels.
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