Nicholas Stern, ex World Bank Chief Economist and author of the UK Government's economic review of Climate Change, recently linked recovery from the Global Financial Crisis and responding to climate change.
He says the good news is that there are great returns to handling these two things together. While there are undoubted pitfalls to avoid, current circumstances are also a huge opportunity - climate change and the financial crisis are intrinsically linked. Stern says now is precisely the moment to change to a low carbon economy.
Sunday, March 8, 2009
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