Could climate change really blow a $2.5tn hole in the global economy? Or could the impact be far worse?

clock • 6 min read

Grantham Institute research estimates almost two per cent of the world's financial assets could be wiped out by 2100

The level of climate change that is likely to occur in the coming decades is inherently difficult to predict, and its precise, widespread impacts are even harder to gauge. Nevertheless the past few years...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Net Zero Banking Alliance votes to 'cease operations immediately'

Net Zero Banking Alliance votes to 'cease operations immediately'

Leading banks vote to ditch the climate group's membership model and transition into operating as a 'framework initiative' that provides guidance on decarbonisation and climate risk

Michael Holder
clock 03 October 2025 • 4 min read
More than £10m in water company fines pooled to fund clean up projects

More than £10m in water company fines pooled to fund clean up projects

Over 50 projects to tackle water pollution in rivers, lakes, and seas to access new funding pot

Stuart Stone
clock 03 October 2025 • 3 min read
Railpen publishes updated net zero plan

Railpen publishes updated net zero plan

£34bn pension scheme reveals it has cut portfolio emissions by 41 per cent over the past year

Martin Richmond, Professional Pensions
clock 03 October 2025 • 4 min read