UN: Poor countries face annual $500bn climate change bill

Will Nichols
clock

New study finds cost of adapting to climate change likely to be two to three times higher than previous estimates as risks increase

Adapting to climate change could cost developing countries $500bn a year by 2050 even if the world limits global temperature rise to 2C this century, the UN Environment Programme (UNEP) has warned...

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 climate-fuelled migration poses a 'growing threat' to UK food security

How climate-fuelled migration poses a 'growing threat' to UK food security

New report from ECIU details how international food supply chains are facing escalating threats from climate impacts and the migration they are triggering

clock 07 August 2025 • 6 min read
Barclays becomes second major UK bank to quit Net Zero Banking Alliance

Barclays becomes second major UK bank to quit Net Zero Banking Alliance

Barclays quits influential banking group claiming it ‘no longer has the membership’ to support bank's net zero transition

Stuart Stone
clock 01 August 2025 • 3 min read
Global Briefing: EU and China pledge to deepen co-operation promises 'renewed climate leadership'

Global Briefing: EU and China pledge to deepen co-operation promises 'renewed climate leadership'

Superpowers reiterate commitment to working together in response to the climate crisis, Iberdrola ramps up its clean energy investment plans, and the world-famous Pacha nightclub goes 100 per cent renewable

James Murray
clock 25 July 2025 • 6 min read