PRESS STATEMENT

Lima - December 14, 2014: Lord Nicholas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment and Vice-Chair of the Global Commission on the Economy and Climate weclomes the Lima climate change agreement.

Welcoming the agreement today (14 December 2014) at the 20th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change in Lima, Peru, Nicholas Stern, Chair of the Grantham Research Institute on Climate Change and the Environment and ESRC Centre for Climate Change Economics and Policy at London School of Economics and Political Science, and President of the British Academy, said:

“This is an important step towards a new agreement at the climate change summit in Paris in December 2015, but it still leaves a number of important issues to be worked out between countries over the next 12 months. There has been a constructive atmosphere in Lima, and the Peruvian Government deserves great credit for creating such a positive environment for the negotiations. The countries of the world are increasingly recognising the urgency of the action required to tackle the immense risks of climate change, but must focus on the big issues of scale of action and of building mutual confidence and support in the months before Paris.