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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Forestation
Forestation
It is the conversion, directly induced by the humans, of land that has not been forested – for a period of at least 50 years – into forested land through planting, sowing, and/or human-induced promotion of natural sources of seeds. This definition is used for...
Ratification
Ratification
After signing an international treaty, such as the Climate Change Convention or the Kyoto Protocol, a country has to ratify the commitment, often with the approval of its parliament or other legislature. The ratification instrument must be deposited with the UN...