| Climate Change - the Costs of Inaction
Report to Friends of the Earth England, UK,Wales, and Northern Ireland
by Frank Ackerman and Liz Stanton
October, 2006
Download the Report
This report demonstrates that the cost of allowing global temperatures to increase by two degrees or more above pre-industrial levels will run into trillions of dollars, while the environmental and social costs will be incalculable. It was produced by GDAE researchers Frank Ackerman and Liz Stanton for The Big Ask, Friends of the Earth’s climate campaign in the UK. The report, which brings together the latest scientific and economic thinking on climate change, highlights the enormous costs that would result if governments fail to act to keep temperature increases below two degrees.
Friends of the Earth-UK Press Release, 10-13-06
News coverage by major papers in the UK and around the world:
“Warming will cost trillions, says report,” by Larry Elliott, economics editor, The Guardian, 10-13-06. Reprinted by China Daily.
“Costing the earth: How to save the planet and $12 trillion,” by Michael Harrison and Philip Thornton, The Independent, 10-13-06
"Climate change inaction will cost trillions - study," by Jeremy Lovell, Reuters, published in The Mirror, 10-13-06. This Reuters story also appeared in dozens of other publications worldwide, including ABC News, AOL, Yahoo, PlanetArk, New Zealand Herald, and others.
"Environment: Climate Change Will Cost the World Trillions," Talk Ireland Environment, 10-13-06.
"Global Warming: Two Degrees From Catastrophe," by Amanda Brown, PA Environment Correspondent, 10-13-06.
"Economists warn climate change will cost world
trillions if governments fail to act," M2 Presswire, 10-13-06.
Read more about GDAE's work on the Economics of Climate Change
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