Tuesday, December 01, 2009

The green growth race


Environmentally-friendly investments form part of many recently launched recovery programmes. With the right policies, they could achieve growth and a cleaner planet as well.

Sir Nicholas Stern, whose groundbreaking report in 2006 raised the alarm on climate change, recently declared that we had six years left to win the battle against global warming.

How realistic Sir Nicholas's claim is may be debatable, but there is no doubting the urgency of tackling the problem. Climate change is simply a matter of life and death.

The cost of inaction is well documented, not least by the OECD (see references), but until recently people have not talked enough about the benefits of action. That has started to change.

See full Article.