2026-05-19
1 小时 32 分钟Welcome to the LSE events podcast by the London School of Economics and Political Science.
Get ready to hear from some of the most influential international figures in the social sciences.
Good evening, everyone, and a very warm welcome to the London School of Economics and Political Science.
My name is Susana Morato.
I'm the Vice President for Research here at the LSE and also Professor of Environmental Economics.
And it's a real pleasure to share tonight's public lecture with Professor Rick Stern.
It's been 20 years this year since the publication of the landmark Stern Review on the economics of climate change.
It's been the most influential economic analysis of climate change ever written.
More than any other single piece of economic analysis, it changed how governments,
how finance ministries and our central banks think about climate.
So when its author returns to the same territory now, in the benefit of 20 more years of evidence,
and with a sharper and in many ways more ambitious argument, that is worth paying attention to.
The argument that Nigel made tonight is more demanding than the one he made back in 2006. 20 years ago,
the central claim was that the costs of inaction would dwarf the costs of action.
Tonight, he goes further.
The investments and structural change required for climate action, he will argue, are not a cost to growth at all.
Instead, they are the growth story of the 21st century, an opportunity.
With the technology now on our side, it has to be revealed in the next two days.
And to make that case, today he draws together economics, ethics and politics.
And he phrased the whole thing around risk, growth and public action.