The Stern Review

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.

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HCFCs, PCFs, and SF6

See greenhouse gases (GHG).

First commitment period

Refers to the 2008-2012 period under the Kyoto Protocol.

Albedo

The proportions of solar radiation reflected by a surface or object, expressed in percentage. Snow-covered surfaces have high albedo level; ground (soil) albedo can be high or low; vegetation-covered surfaces and oceans have low albedo level. The Earth’s albedo...