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.

Study reveals substantial global cost of climate inaction

Traditionally, estimates of how climate change will affect global economies have focused on the effects of annual temperature changes. However, the additional impacts of variability and extremes in rainfall and temperature ...