Nicholas Stern/ Interview

Interview: 'The Stern review on the economics of climate change irrevocably altered the climate debate when it came out in October 2006. For the first time, environmentalists who had shouted loudly about the dangers of climate change were joined by an apparently hard-headed economist, commissioned by a government and with a team of 15 economic analysts and modellers at his command.

Nicholas Stern, a former World Bank chief economist, was working at the treasury when he was asked to look at the economics of climate change. The conclusion of his 700-page report—that the world must act quickly or face devastating consequences—was not new, but the language it used was. Stern presented an economic argument that rapid and affordable action now would prevent huge losses later. That in turn made it easier for politicians and business leaders to back action on climate change.' by Alun Anderson | Prospect Magazine July 2008 issue 148