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 SternThe US will increasingly see the risks of being left behind, and ten years from now they would have to start worrying about being shut out of markets because their production is dirty.
Nicholas SternClimate change and global poverty are two sides of the same coin. Both challenges must be addressed together. If we fail on one, we will also fail on the other.
Nicholas SternFailing to curb the impact of climate change could damage the global economy on the scale of the Great Depression or the world wars by spawning environmental devastation that could cost 5 to 20 percent of the world's annual gross domestic product.
Nicholas Stern