Climate impacts set to cut 2050 global GDP by nearly a fifth

Climate change caused by CO2 emissions already in the atmosphere will shrink global GDP in 2050 by about $38 trillion, or almost a fifth, no matter how aggressively humanity cuts carbon pollution, researchers said Wednesday.

Reducing CO₂ emissions by 20% with only a 2% economic loss

A "rapid and far-reaching change" is necessary to prevent catastrophic climate change, according to the Intergovernmental Panel on Climate Change (IPCC). "However, the transformation of the economy towards climate neutrality ...

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