The growth story of the 21st Century can unlock unprecedented opportunities of a strong, sustainable, inclusive economy. The benefits of climate action are greater than ever before, while the costs of inaction continue to mount. It is time for a decisive shift to a new climate economy.

This paper outlines a comprehensive set of proposals to advance the climate change debate on the road to the United Nations Framework Convention on Climate Change 15th Conference of the Parties in Copenhagen in December 2009. It analyses the implications of the commitment to cut global greenhouse gas emissions in half by 2050 (taken at...

The Stern Review is regarded as the most comprehensive review ever carried out on the economics of climate change.