Halving CO2 by 2050 to cost less than one per cent of GDP

BusinessGreen staff
clock

Imperial College research finds cost of slashing emissions would be $2tr per year

Global efforts to slash carbon emissions to prevent catastrophic climate change could cost businesses and governments one per cent of the world's gross domestic product, or $2tr per year, by 2050. That...

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 Climate change

How public support for climate action remains as robust as ever

How public support for climate action remains as robust as ever

Series of recent surveys reveal how the UK public remains strongly supportive of climate action, with opposition to decarbonisation still a niche position

Michael Holder
clock 06 July 2026 • 7 min read
'Positive snapshot': Global emissions from biomass burning hit record low

'Positive snapshot': Global emissions from biomass burning hit record low

But report warns coming El Niño and increased wildfire risk could quickly reverse encouraging trend

James Murray
clock 06 July 2026 • 2 min read
Lack of coordinated action risks destroying England's moorland, rural group warns

Lack of coordinated action risks destroying England's moorland, rural group warns

Government accused of 'burying its head in the sand' as National Resilience data shows there have been 306 recorded wildfires in England and Wales so far this year

Jane Thynne, Farmers Guardian
clock 06 July 2026 • 3 min read