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The Stern Report emphasized that climate change poses significant risks to the global economy, potentially costing between 5% to 20% of global GDP if left unaddressed. It highlighted that proactive measures to mitigate climate change, while requiring upfront investments, could ultimately save economies from far greater costs in the future. The report argued that immediate action is essential to avoid severe economic and social disruptions, underscoring the importance of integrating climate considerations into economic planning.

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