The Stern Review

Paper commissioned by the government of the United Kingdom on the effects on the global economy of climate change in the next 50 years. It was coordinated by World Bank economist, Sir Nicholas Stern, and published on October 30, 2006. One of the main conclusions of the report is that the spending to stabilize the emission of greenhouse gases into the atmosphere would be equivalent to 1% of the world’s GDP by 2050.

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Rio-92 or ECO-92

The United Nations Conference on Environment and Development, also known as Earth Summit, held in June of 1992, in Rio de Janeiro, bringing together more than 180 countries. It was at Rio-92 that the United Nations Framework Convention on Climate Change (UNFCCC)...

Greenhouse gases (GHG)

Gaseous constituents of the atmosphere, from natural or anthropic sources, that absorb and re-emit infrared radiation. The UNFCCC and Kyoto Protocol count for carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), and sulfur hexafluoride (SF6), accompanied by...

Diffusion in the oceans

The process through which the atmosphere and water continuously exchange molecules of carbon dioxide. The diffusion of carbon dioxide into the oceans accounts for almost half of the carbon extracted from the atmosphere. The colder oceans absorb more CO2 than warmer...