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Investing in Climate Action: Key to Economic Growth

10/14/2025

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Stern Urges Climate Action
  • Nicholas Stern, economist, argues that investing in climate action is essential for economic growth and that fossil-fuel–driven growth is self-destructive.
  • He notes the rapid decline in clean-technology costs and that such investments can alleviate poverty and boost productivity.
  • Stern warns that major policy changes are needed amid political resistance to climate action.
  • The next two decades are critical for sustainable development because climate action offers economic opportunities despite geopolitical challenges.