Climate Change and Economic Growth
Grim descriptions of the long-term consequences of climate change have given the impression that the climate impacts from greenhouse gases threaten long-term economic growth. However, the impact of climate change on the global economy is likely to...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/218161468337830646/Climate-change-and-economic-growth http://hdl.handle.net/10986/28000 |
| Summary: | Grim descriptions of the long-term
consequences of climate change have given the impression
that the climate impacts from greenhouse gases threaten
long-term economic growth. However, the impact of climate
change on the global economy is likely to be quite small
over the next 50 years. Severe impacts even by the end of
the century are unlikely. The greatest threat that climate
change poses to long-term economic growth is from
potentially excessive near-term mitigation efforts. |
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