Question

Impact of economic impact of climate change in economic discussion

Answer 1

the economic impacts of climate change the inherent nature of economic forecasting, which involves significant degrees of uncertainty, estimates of the results of global warming over the 21st century have varied widely. Many analyses, such as that of the Stern Review presented to the British Government, have predicted reductions by several percent of world gross domestic product due to climate related costs such as dealing with increased extreme weather events and stresses to low-lying areas due to sea level rises.