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The Garnaut Climate Change Review: Final Report

By: Ross Garnaut

634 pages, diagrams

Cambridge University Press

Paperback | Oct 2008 | #177845 | ISBN-13: 9780521744447
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About this book

Professor Ross Garnaut was commissioned by all of the Governments of Australia's Federation to examine the impacts of climate change on Australia and to recommend policy frameworks to improve the prospects of sustainable prosperity. The Garnaut Climate Change Review is one of the most important reports to be published in Australia for many years. It examines the impacts of climate change on the Australian economy, the costs of adaptation and mitigation, and the international context in which climate change is experienced and negotiated. It analyses the elements of an appropriate international policy response, and the challenges that face Australia in playing its proportionate part in that response.

The Garnaut Climate Change Review is highly relevant to the global problem that is climate change. It considers what policies the international community should adopt in responding to climate change, and urges humanity to act now, and in concert, to develop the required policy response in time.

'The Garnaut Review is of special importance in its combination of a global view and the perspective from one country. It adopts a way forward for global action on climate change and how Australia can and should manage its own role. At the same time it deepens the shared analytical basis for action. It is a great achievement.' Sir Nicholas Stern 'The signing of the Kyoto Protocol by the new Australian Government at the time of the UNFCCC meeting in Bali in December 2007 provided a clear signal of Australia's political commitment on the issue of climate change. Indonesia regards Australia as an important and strategic partner on this critical issue. The Garnaut Climate Change Review provides yet another example of Australia's seriousness in not only addressing the issue, but coming up with solutions and actions. By asking Professor Ross Garnaut, one of Australia's best internationally known economists and who has for many years worked on resource economic and environment issues, I see this Review as providing a seminal contribution as to how countries can take strong action to address the challenges and opportunities of climate change. The cost of inaction is too costly for our future generation and humankind.' Mari Pangestu, Minister of Trade, Indonesia 'What sets Ross Garnaut apart from any other policy advisor I have known is his skill in using his first rate intellect and technical knowledge to present practical and achievable solutions to complex economic and development problems. Garnaut's work on climate change has raised the level of understanding to a higher plane. Heeding the GCCR will help PNG and other developing countries to manage their development in ways that will reduce their own carbon emissions, while taking advantage of opportunities presented by participating in carbon trading schemes.' Sir Mekere Morauta, Former Prime Minister of Papua New Guinea (1999-2002) 'Ross Garnaut's work has been followed closely in China by leaders and scholars since the early years of economic reform. He brings to this seminal book on climate change policy the intellectual clarity and close knowledge of the developing world and the international economy that distinguish his work. This is an outstanding contribution to sorting out a complex global problem.' Justin Lin, Chief Economist and Senior Vice President of The World Bank, Foundation Director of the China Center for Economic Research 'We are all - governments, communities and companies - now in the climate change debate. For business to play a constructive role it must have access to the right information and clear-minded analysis. Professor Garnaut 's work provides a valuable resource for all contributors to the debate.' Don Argus, AO. Chairman of BHP Biliton


Summary of conclusions; Introduction; 1. Decision making framework; 2. The science of climate change; 3. Emissions in the platinum age; 4. Projecting global climate change. 5. The Australian context to climate change; 6. Impacts of climate change on Australia; 7. Australia's emissions and the economy; 8. Counting the costs; 9. International response; 10. Towards global agreement; 11. Deepening international collaboration. 12. Targets and trajectories; 13. Australian climate change policy overview; 14. Emissions trading; 15. Domestic adaptation policy; 16. Research, development and innovation; 17. Network infrastructure; 18. Information; 19. Income distribution; 20. The energy transformation; 21. The transport transformation; 22. Agriculture and forestry transformation; 23. Growth and structural change in the low-emissions economy; 24. A fateful choice.

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Professor Ross Garnaut is Distinguished Professor in the Research School of Pacific and Asian Studies at the Australian National University.

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