Preface ........................................................ ix
Acknowledgements ............................................... xi
Introduction ................................................. xiii
Summary of Conclusions ......................................... xv
Part I Climate Change - Our Approach
Introduction .................................................... 1
1 The Science of Climate Change: Scale of the Environment
Challenge .................................................... 3
2 Economics, Ethics and Climate Change ........................ 25
2A Ethical Frameworks and Intertemporal Equity ............. 46
Part II Impacts of Climate Change on Growth and Development
Introduction ................................................... 63
3 How Climate Change will Affect People Around the World ...... 65
4 Implications of Climate Change for Development ............. 104
5 Costs of Climate Change in Developed Countries ............. 138
6 Economic Modelling of Climate-Change Impacts ............... 161
Part III The Economics of Stabilisation
Introduction .................................................. 191
7 Projecting the Growth of Greenhouse-Gas Emissions .......... 193
7A Climate Change and the Environmental Kuznets Curve ..... 216
8 The Challenge of Stabilisation ............................. 218
9 Identifying the Costs of Mitigation ........................ 238
10 Macroeconomic Models of Costs .............................. 267
11 Structural Change and Competitiveness ...................... 282
11A Key Statistics for 123 UK Production Sectors ........... 297
12 Opportunities and Wider Benefits from Climate Policies ..... 302
13 Towards a Goal for Climate-Change Policy ................... 318
Part IV Policy Responses for Mitigation
Introduction .................................................. 349
14 Harnessing Markets for Mitigation - The Role of Taxation
and Trading ................................................ 351
15 Carbon Pricing and Emissions Markets in Practice ........... 368
16 Accelerating Technological Innovation ...................... 393
17 Beyond Carbon Markets and Technology ....................... 427
Part V Policy Responses for Adaptation
Introduction .................................................. 455
18 Understanding the Economics of Adaptation .................. 457
19 Adaptation in the Developed World .......................... 471
20 Adaptation in the Developing World ......................... 486
Part IV Policy Responses for Action
Introduction .................................................. 507
21 Framework for Understanding International Collective
Action for Climate Change .................................. 509
22 Creating a Global Price for Carbon ......................... 530
23 Supporting the Transition to a Low-Carbon Global Economy ... 555
24 Promoting Effective International Technology Co-operation .. 581
25 Reversing Emissions from Land Use Change ................... 603
26 International Support for Adaptation ....................... 622
27 Conclusions: Building and Sustaining International
Co-operation on Climate Change ............................. 640
Abbreviations and Acronyms .................................... 645
Postscript .................................................... 649
Technical Annex to Postscript ................................. 658
Index ......................................................... 673
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