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Climate Damage Costs Could Total $38 Trillion per Year by 2050, Study Finds

Climate change damage worldwide will cost approximately $38 trillion annually by 2050, according to a new study.

United statesMaximilian kotzLeonie wenzAnders levermannAssociated pressGermany potsdam institute for climate impact researchPotsdam instituteClimate impact researchNorth americaSouth asia

Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years

Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
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Maximilian kotzAnders levermannLeonie wenzCoupled model intercomparison project

Potsdam Research Institute Predicts Decline In Global Economic Returns

Potsdam Research Institute Predicts Decline In Global Economic Returns
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United statesMaximilian kotzPotsdam institute for climate impact researchMenafn trend news agencyNews agencyPotsdam instituteClimate impact researchNorth america

Potsdam research institute predicts decline in global economic returns

Potsdam research institute predicts decline in global economic returns
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United statesMaximilian kotzPotsdam institute for climate impact researchPotsdam instituteClimate impact researchNorth america

Climate change might shrink the global economy by 19% by 2049 The decline could reach 60% if no action is taken

The world economy faces significant losses if carbon emissions are not curbed.

Vastra gotalands lanFrance generalLeonie wenzMatt palmerMaximilian kotzDragas centerPotsdam institute for climate impact researchParis climate agreementPotsdam instituteClimate impact researchOnly canada