Translations:Climate change mitigation/147/en

It is possible to avoid some of the costs of the effects of climate change by limiting climate change. According to the Stern Review, inaction can be as high as the equivalent of losing at least 5% of global gross domestic product (GDP) each year, now and forever. This can be up to 20% of GDP or more when including a wider range of risks and impacts. But mitigating climate change will only cost about 2% of GDP. Also it may not be a good idea from a financial perspective to delay significant reductions in greenhouse gas emissions.