Business is under pressure to play a lead role in tackling climate change. If companies take action now it will allow the realisation of significant efficiency gains and cost savings. Recent research by KPMG in the UK indicates that many have only just begun to think through the implications of climate change for their own corporate strategies and most would welcome better guidance

Climate change is the defining human development challenge of the 21st Century. Failure to respond to that challenge will stall and then reverse international efforts to reduce poverty. The poorest countries and most vulnerable citizens will suffer the earliest and most damaging setbacks, even though they have contributed least to the problem.

In this report the committee has examined the medium and the long term (up to 2031-32) demand