How much could climate 'tipping points' cost the global economy?

Michael Holder
clock • 8 min read
Amazon fires and deforestation have surged in recent years | Credit: iStock
Image:

Amazon fires and deforestation have surged in recent years | Credit: iStock

Climate economists have calculated the economic impacts of permafrost thawing, arctic ice loss, rainforest dieback and other events – and the results are predictably eyewatering

The small cabal of loud climate deniers and delayers now have a favourite new hobby: complaining about the 'costs' of transitioning to a net zero economy. For the most part, their arguments and claims...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Risk

The worst case scenarios are worse

The worst case scenarios are worse

The most granular and empirical analysis to date of the projected economic impact of worsening climate damages is so terrifying because the scenarios it explores are so plausible

James Murray
clock 18 April 2024 • 5 min read
What could go wrong? How $38tr in climate damages could knock a fifth off global income

What could go wrong? How $38tr in climate damages could knock a fifth off global income

Major new analysis from the Potsdam Institute warns climate impacts through to 2050 could do significantly more economic damage than previously expected

James Murray
clock 17 April 2024 • 8 min read
'Thirsty planet': How water security will have to become a major investment trend

'Thirsty planet': How water security will have to become a major investment trend

A major new report warns how water is 'the silent partner in all human activity', and urgent investment in new infrastructure is needed to avert disaster

Roger Harrabin
clock 16 April 2024 • 5 min read