Lord Nicholas Stern spoke on “Unlocking the inclusive growth story of the 21st century: accelerating climate action in urgent times" the September 2018 report from the Global Commission on the Economy and Climate, which he co-chairs.
This report is a practical guide for policy-makers and business leaders on the concrete opportunities offered by the low-carbon transformation of our global economies.
Its intended primary audience is economic and financial decision-makers in governments and businesses. The New Climate Economy work focuses on how to achieve both growth and climate action. With its strong evidence base spanning five priority action areas – energy, cities, food and land use, water, and industry and innovation - it aims to engage key champions to catalyse accelerated action in these areas in a way that delivers prosperity, development and profits.
It details immense opportunities that lie in a new form of inclusive, sustainable growth: this is the growth story of the 21st Century. But it also that accelerating action now is very urgent if we are to manage the grave risks of climate change.
Lord Nicholas Stern is IG Patel Professor of Economics and Government at the London School of Economics and Chair of the Grantham Research Institute on Climate Change and the Environment. He was a former Chief Economist of the World Bank and is a member of the UK House of Lords (non-party). He is a member of the G20 Eminent Persons Group on the reform of the international financial system and is President of the Royal Economic Society and former President of the British Academy. He was author of the landmark Stern Review of the Economics of Climate Change (2006). His latest climate book is " Why are we waiting?" MIT Press 2015.
