Economics of Global Warming - Major Reports Considering Economics of Climate Change

Major Reports Considering Economics of Climate Change

The Intergovernmental Panel on Climate Change (IPCC) has produced several reports where the economics literature on climate change is assessed. In 1995, the IPCC produced its second set of assessment reports on climate change. Working Group III of the IPCC produced a report on the "Economic and Social Dimensions of Climate Change." In the later third and fourth IPCC assessments, published in 2001 and 2007 respectively, the assessment of the economics literature is divided across two reports produced by IPCC Working Groups II and III. In 2011 IPCC Working Group III published a Special Report on Renewable Energy Sources and Climate Change Mitigation.

The Stern Review on the Economics of Climate Change is a 700-page report released for the British government on October 30, 2006 by economist Nicholas Stern chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics. The report discusses the effect of global warming on the world economy.

The Garnaut Climate Change Review was a study by Professor Ross Garnaut, commissioned by then Opposition Leader, Kevin Rudd and by the Australian State and Territory Governments on 30 April 2007. After his election on 24 November 2007 Prime Minister of Australia Kevin Rudd confirmed the participation of the Commonwealth Government in the Review.

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