Fostering Growth and Poverty Reduction in a World of Immense Risk

On April 2, 2013 the IMF and WRI hosted a special event with Lord Nicholas Stern. In the six-plus years of economic turbulence since the publication of the Stern Review, the risks from unmanaged climate change look substantially higher. Continued neglect will likely spur large movements of population and extended conflict. We understand how to radically reduce these risks, yet the political will to act is weak. A key obstacle is the common but misguided perception that there is a stark conflict between growth and climate responsibility. Lord Stern analysed how risks and understanding have changed in these last six years and argued that the transition to the low-carbon economy is full of opportunity for growth and poverty reduction. Address by Lord Nicholas Stern Chair, Grantham Research Institute Remarks by Christine Lagarde Managing Director, International Monetary Fund (IMF) Conversation with Andrew Steer President and CEO, World Resources Institute (WRI) Closing remarks Rachel Kyte Vice President of Sustainable Development, World Bank Economic growth, poverty reduction and managing climate change from World Resources Institute (WRI) Click on invitation to view PDF version