How can we limit climate change damage to the global economy?
Tuesday, September 25, 2018 - 08:40
in Earth & Climate
The international community's ambition to fight against climate change comes at a cost: between US$50,000 billion and US$90,000 billion over the next 15 years according to the bottom-end estimates of economist Adair Turner, and the top-end figures from economists at the Global Commission on the Economy and Climate and its New Climate Economy project. By comparison, annual world GDP totals nearly US$80,000 billion.