UK's 'Stern Report'
Cost of Action v. Non-action
- 5-20% annual GPD losses without action
- 1% annual GPD losses with action
Responsibility for Reductions
- developed states could assume
responsibility for reducing emissions by investing in carbon-reduction in
developing word rather than only making emission reductions in
developed countries' territory.
- 50% cut from 1990 developing countries
emissions by 2050 through $40 billion annual investments