Hitting toughest climate target will save world $30tn in damages, analysis shows

Almost all nations would benefit economically from keeping global warming to 1.5C, a new study indicates.
Achieving the toughest climate change target set in the global Paris agreement will save the world about $30tn in damages, far more than the costs of cutting carbon emissions, according to a new economic analysis.

Most nations, representing 90% of global population, would benefit economically from keeping global warming to 1.5C above pre-industrial levels, the research indicates. This includes almost all the world’s poorest countries, as well as the three biggest economies – the US, China and Japan – contradicting the claim of US president, Donald Trump, that climate action is too costly.

Link to the article in The Guardian

3
Leave a Reply

1 Comment threads
2 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
1 Comment authors
  Subscribe  
newest oldest most voted
Notify of