Scientists Believe the True Cost of Climate Change Is Far Higher Than Anticipated

Scientists, led by Professor Martin Parry, the former co-chair of the Intergovernmental Panel on Climate Change, are set to warn that the UN negotiations aimed at combating climate change are based on unachievable low costs. The real costs are likely to be 2-3 times greater than estimates set out by the UN Framework Convention on Climate Change, according to a new report published by the International Institute for Environment and Development and the Grantham Institute for Climate Change at Imperial College London. The report notes that costs will be even higher once the full range of climate impacts on human activities is taken into account.