Study finds world economy already committed to income reduction of 19% due to climate change

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Even if CO2 emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19% until 2050 due to climate change, a study published in Nature finds. These damages are six times larger than the mitigation costs needed to limit global warming to two degrees.

Study finds world economy already committed to income reduction of 19% due to climate change retrieved 17 April 2024 from https://phys.org/news/2024-04-world-economy-committed-income-reduction.html

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