Summary of Stern Review (27 pages) and Synthesis Report (Full 52 pages)

Climate Changes : Summary

Stern Review : The Economics of Climate Change

The scientific research Stern Review : The Economic of Climate Change ' discusses the changes and consequences which are brought by global climate changes in the whole world . The embraces not only natural and health consequences , but researchers pay special attention to economic and financial problems . The whole world is warned that ignoring climate changes will destroy health and developing economies of many countries as nowadays significant climate changes result in global risks requiring for emergent response and proper management . Stern Review

is commissioned by the Chancellor of the Exchequer and aims at assessing and contributing evidence about the negative effects of global climate changes on economics . The touches such issues as greenhouse effects , forest fires , droughts , deforestation , global warming , etc

Firstly , Stern Review discusses economic impact of climate changes and tends to explore deeply how to stabilize and why to stabilize greenhouse gases in the atmosphere . Then , Stern Review discusses a number of polices and challenges involved in fighting global climate changes especially global warming and greenhouse effect . The provides recommendations how to manage transition from high-carbon economy to low-carbon economy stressing that every society has nothing to do but to adapt to effects of climate changes as they are inevitable and can 't be avoided

Climate change is a global problem and , therefore , it requires international collective action to make measures driving and effective Climate change management should consider long time horizons , economic risks and uncertainty , possibilities of non-marginal changes , etc Nowadays it is necessary to consider physical effects of climate change on environment , economics and human health different technologies should aim at reducing greenhouse gas emissions . Economic models should be involved to estimate economic effects of climate change and global warming , as well as to assess efficiency of low-carbon economics . The central idea of the review is that it is required to consider climate changes . Otherwise , it will damage economic growth and development . It is noted that tackling climate change is the pro-growth strategy for the longer term , and it can be done in a way that does not cap the aspirations for growth of rich or poor countries (p . ii

Stern Review admits that scientific evidence on negative effects of climate changes is strengthening and is a matter of particular interest of scientists and even economists . Certain results are present . For example , modern scientists have managed to attach probabilities to the impacts on natural environments and temperature fluctuations with changing levels of greenhouse effect stabilization . More and more is understood about the potential of climate change and serious consequences , but it is becoming more and more difficult to reduce effects and to prevent new ones . Physical processes are amplified and greenhouse gases are increasing in atmosphere . Carbon dioxide , gases from industrial processes and nitrous oxides are building our atmosphere nowadays

Greenhouse gases are results of human activities and industrial processes which threaten lives of people in the whole world as they embrace water , use...