Climate change damage could cost $38 trillion per year by 2050, study finds
- The cost of climate damages is six times higher than mitigation measures to limit global warming to 2C, with projected annual costs of €38 trillion by 2050.
- Even with drastic CO2 emissions reductions, climate change effects will reduce world income by 19% in 26 years.
- In a worst-case scenario, annual losses could reach $59 trillion and incomes may be 60% lower, leading to a permanent income reduction for most regions.
70 Articles
70 Articles

Climate crisis to slash world incomes by nearly a fifth, some $38 trillion a year, by 2049, study warns
Climate change will cause massive economic damages within the next 25 years in almost every nation, a new study warns. But acting now could turn the financial “doomsday” around.
The devastating cost of climate change, "38 trillion dollars by 2050 globally,"
Con le temperature medie globali in aumento, i costi dei cambiamenti climatici potrebbero provocare un calo del reddito della popolazione mondiale, che potrebbe raggiungere una diminuzione del 19 per cento entro i prossimi 25 anni. A elaborare queste preoccupanti stime uno studio, pubblicato sulla rivista Nature, condotto dagli scienziati del Potsdam Institute for Climate Impact Research. Il gruppo di ricerca, guidato da Leonie Wenz, ha realizza…
Climate change could lead to losses worth $38 trillion every year by 2050, study warns
A new study warns that climate change could cut global economic output by 20 per cent by 2050. Researchers from the Potsdam Institute for Climate Impact Research (PIK) published their findings in Nature on Wednesday (April 18). As per the PIK’s calculations, countries meet ambitious emission-cutting goals, but as many of them fall short, the actual damage could be even worse.
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