International Research Journal of Commerce , Arts and Science
( Online- ISSN 2319 - 9202 ) New DOI : 10.32804/CASIRJ
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CLIMATE CHANGE AND ENVIRONMENTAL SECURITY
1 Author(s): RAVI PRAKASH SHARMA
Vol - 1 , Issue- 1 , Page(s) : 21 - 29 (2010 ) DOI : https://doi.org/10.32804/CASIRJ
Difficult as it is to estimate the costs of action to curb climate change, it is even more difficult to estimate the costs of inaction in anything other than a partial way. We can be fairly sure that the costs of the business-as-usual scenario will not be zero. Indeed, the longer we stay close to this scenario, the higher those costs will be both in terms of the physical damage from windstorms, drought, and other meteorological events, and in terms of impacts on human health. Within the field of carbon finance, then, it is essential to examine the potential scope of these costs