The economic impacts of climate change are increasingly becoming a stark reality in our world today. As the planet warms, the frequency and intensity of extreme weather events increase, and the effects of such changes are far-reaching. Economic Impacts of Climate Change: Adapting to a Warming World projects that the costs related to dealing with the climate change impacts will be immense.

Costs Related to Climate Change

The costs of adapting to climate change are projected to increase exponentially. By the end of the century, researchers estimate that these costs will be several times higher than current levels, depending on the trajectory of global warming. Due to climate change impacts felt in various sectors, the cost implications are undeniably high, affecting economic activities ranging from agriculture, health, and infrastructure development to tourism and manufacturing sectors. read more