Κλιματική αλλαγή και οικονομικές επιπτώσεις σε παγκόσμιο και περιφερειακό επίπεδο
Master Thesis
Author
Δαβιώτη, Δήμητρα Κ.
Date
2008-09-04View/ Open
Subject
Κλιματολογικές αλλαγές ; Καταστροφές, Φυσικές ; Ατμόσφαιρα -- Ρύπανση -- Οικονομικές απόψειςAbstract
Sir Nicholas Stern, who was once the Chief Economist and Senior Vice-President of the World Bank (2000 to 2003) has released a report, that UK Prime Minister Tony Blair has called the most important he has ever received . The Stern Report itself says that climate change “is the greatest and widest-ranging market failure ever seen.” It suggests that inaction on climate change will result in a depressed economy worse the Great Depression of the 1930s. And that the financial cost will be higher than the Depression combined with the two world wars. And in human terms the resulting drought and flooding will displace 200 million people from their homes creating the largest human migration in history - all of them refugees. With up to 40% of world’s known species set for extinction. To avert this tragedy the report says we need to spend 1 per cent of global GDP, roughly what is spent worldwide on advertising, and half what the World Bank estimates would be the cost of a full-blown flu pandemic.