Stern Review facts for kids
The Stern Review on the Economics of Climate Change is a big report about how climate change and global warming affect the world's money. It's like a huge study that looks at the costs of not dealing with climate change.
This 700-page report was released on October 30, 2006. It was written by a famous economist named Lord Nicholas Stern for the British government. It's one of the most important and talked-about reports of its kind.
Lord Stern is known as a top expert on the economics of climate change. He believes that keeping carbon dioxide levels in the atmosphere at 350 parts per million (350 ppm) is a very good long-term goal for our planet. He also helps lead the Global Commission for the Economy and Climate.
Contents
Understanding the Stern Review
The Stern Review explains that dealing with climate change now will cost less than waiting. It says that if we don't act, the damage to the world's economy could be very serious.
Why Climate Change Matters to Money
Climate change can cause many problems that cost a lot of money. For example:
- More extreme weather like big storms and floods.
- Less food grown because of changing weather patterns.
- Rising sea levels that can damage cities near the coast.
The report suggests that investing a small part of the world's money now can prevent much bigger problems later. This means putting money into things like renewable energy and making buildings more energy efficient.
Lord Stern's Ideas on Climate Action
Lord Stern believes that countries need to work together to reduce greenhouse gases. These gases trap heat in the atmosphere and cause global warming. He suggests:
- Putting a price on carbon, which means making it more expensive to pollute.
- Helping new, clean technologies grow.
- Working together internationally to solve the problem.
His ideas have helped many governments and businesses think about how to tackle climate change.
Important Terms to Know
- Climate Change: Long-term shifts in temperatures and weather patterns.
- Global Warming: The long-term heating of Earth's climate system observed since the pre-industrial period (between 1850 and 1900) due to human activities, primarily fossil fuel burning, which increases heat-trapping greenhouse gas levels in Earth's atmosphere.
- Economy: How a country or region makes and uses money and resources.
- 350 ppm: This refers to 350 parts per million of carbon dioxide in the atmosphere. Many scientists believe this is a safe upper limit to avoid the worst effects of climate change.
See also
In Spanish: Informe Stern para niños
