Paper commissioned by the government of the United Kingdom on the effects on the global economy of climate change in the next 50 years. It was coordinated by World Bank economist, Sir Nicholas Stern, and published on October 30, 2006. One of the main conclusions of the report is that the spending to stabilize the emission of greenhouse gases into the atmosphere would be equivalent to 1% of the world’s GDP by 2050.
Anthropogenic emissions
Emissions produced as a result of human action. For example, large amounts of carbon dioxide are being released into the atmosphere by activities such as the burning of fossil fuels, agriculture, cement making, and so on.