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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Avoided deforestation
Avoided deforestation
It is the reduction in deforestation rate of an area, so that the resulting deforestation rate is lower than in a non-intervention scenario to decrease the forest conversion process.