The energy revolution being driven by climate change will stimulate global growth and potentially lead to a 1990s-style technology boom, according to a new study from a UK investment bank.

Tim Bond, head of global asset allocation at Barclays Capital believes the investment in new energy technologies will be good for global growth. His comments come in the bank's annual Equity Gilt Study which provides a counterview to the UK government's Stern Review, which said each five degree rise in global temperatures will lead to 10% of global output being lost.