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Some studies suggest climate change negatively impacts GDP growth, especially in poorer regions, while other studies indicate limited short-term effects but significant long-term economic losses globally, particularly in agriculture and health sectors.
20 papers analyzed
The impact of climate change on Gross Domestic Product (GDP) is a critical area of research, given the potential for significant economic consequences globally. Various studies have explored how climate change affects economic growth, with a focus on both short-term and long-term impacts, as well as regional disparities.
Negative Long-Term Impacts on GDP Growth:
Sectoral and Regional Variations:
Initial Positive Impacts Followed by Negative Outcomes:
Macroeconomic Indicators and Crop Yields:
Health-Related Economic Impacts:
Policy Implications and Mitigation:
Climate change poses a significant threat to global economic growth, with poorer regions and agricultural sectors being the most vulnerable. While some initial positive impacts may occur, the long-term consequences are predominantly negative, leading to substantial GDP losses. Effective mitigation policies and poverty reduction strategies are essential to minimize these adverse effects and ensure sustainable economic development.
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