THE GLOBAL DEAL
Climate Change and the Creation of a New Era of Progress and Prosperity

$26.95

Former World Bank Chief Economist Nicholas Stern transforms the Stern Review into a book for general readers.

The Stern Review on the Economics of Climate Change is an independent and comprehensive analysis of the impact of global warming on growth and development. The report was compiled by Lord Stern and his team at the Office of Climate Change for the UK government in 2006.

The Global Deal prescribes the measures that must be taken to arrest the effects of climate change and promote economic growth.

Lord Stern is the IG Patel Chair and chairman of the Grantham Institute on Climate Change and the Environment, and Director of the India Observatory at the London School of Economics and Political Science. As Baron Stern of Brentford, he is a member of the UK House of Lords. He was chief economist and senior vice president of the World Bank from 2000-2003, head of the UK Government Economic Service from 2003-2007, and head of the Stern Review on the Economics of Climate Change from 2005-2007.

“His book addresses the argument in cost-benefit terms, and concludes that spending 1-2% of global output to avoid a significant temperature rise is a bargain worth taking—a similar conclusion to that in his original 2006 study. But the book is written for a wider audience than the official report, and incorporates some more recent (and worrying) findings from climate science." —The Economist

“In a new book, The Global Deal, Stern builds on his earlier work to offer a blueprint for a safer planet, laying out the specific steps that individuals, communities, companies, and nations need to take—without delay—to reduce emissions and head off the very worst consequences of catastrophic climate change. As the title suggests, the challenge demands international cooperation on a scale rarely, if ever before, achieved, but he’s optimistic a global deal can be reached, if only because the stakes are so high, the alternative so grim, and the prize—a secure planet on a sustainable path to prosperity—so great.” —Julian Brookes, The Huffington Post

“The British economist Stern, noted for his leadership of a major report on climate change for then Chancellor of the Exchequer (and now Prime Minister) Gordon Brown, draws on that and more recent material to argue for global action to avert severe and, in Stern’s view, severely dangerous climate change and, in the process, lay the technological and economic foundations for new industries.” —Foreign Affair •