Climate love review

For showing that the costs of climate damage far outweighs the investments needed to fix it

Image of Markus Lutteman
Markus Lutteman

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Image of Potsdam Institute for Climate Impact Research

Potsdam Institute for Climate Impact Research

Climate love
Some people still argue that we can’t afford to make the investments neccessary to fix the climate crisis. Wrong. We can’t afford NOT to make these investments. This has been proven – again – in a scientific study published in Nature. According to the study, the costs of climate-change damages could amount to $38 trillion per year by the middle of this century. This means the global economy is projected to lose 19 percent of income per capita within in the next 26 years due to global warming.
These damages already outweigh the mitigation costs required to limit global warming to 2 °C by sixfold.
Extreme weather events, made far more likely by climate change, are costing societies trillions every year.

Extreme weather events, made far more likely by climate change, are costing societies trillions every year.


The study was made by researchers from the Potsdam Institute for Climate Impact Research, Potsdam University, and Mercator Research Institute on Global Commons and Climate Change. It is based on recent empirical findings from more than 1,600 regions worldwide over the past 40 years to project sub-national damages from temperature and precipitation, including daily variability and extremes.
Read the study here:
https://www.nature.com/articles/s41586-024-07219-0



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