Global climate change
1995
The underlying premise of this study is that the potential risks of global warming are too great to avoid taking further action. Reflecting widespread concerns about climate change, the great majority of governments around the world have chosen to become parties to the United Nations Framework Convention on Climate Change. Governments and community and business groups working through the framework convention have a responsibility to develop effective and equitable global responses to those risks. Economic analysis is important in developing strategies to mitigate climate change that are aimed at achieving key environmental objectives in the medium to long term. The purpose of this report is to assess the economic implications of a range of international abatement strategies and to identify the most cost effective approaches to achieve given environmental objectives.
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