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About: Economic impacts of climate change     Goto   Sponge   NotDistinct   Permalink

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The economic impacts of climate change vary geographically and are difficult to forecast exactly. Researchers have warned that current economic, may seriously underestimate the effects of climate change, and point to the need for new models that give a more accurate picture of potential damages. Nevertheless, one 2018 study found that potential global economic gains if countries implement mitigation strategies to comply with the 2 °C target set at the Paris Agreement are in the vicinity of US$17 trillion per year up to 2100 compared to a very high emission scenario.