It's very important that there should be cross-fertilisation between government and academia. Both parties can benefit from having a better understanding of how the other works.
Nicholas SternClimate change will affect the basic elements of life for people around the world - access to water, food production, health, and the environment. Hundreds of millions of people could suffer hunger, water shortages and coastal flooding as the world warms.
Nicholas SternFortunately poorer countries, such as China, are showing leadership and beginning to demonstrate to the world how to invest in low-carbon growth.
Nicholas SternClimate change is a result of the greatest market failure the world has seen...We risk damages on a scale larger than the two world wars of the last century.
Nicholas Stern