Revised study estimates 17% global income drop from climate change

ocregister.com

Researchers slightly revised their climate change economic impact study, now estimating a 17% drop in global income by 2050, down from a previous 19% forecast. The revision, published in Nature, corrects data errors, particularly concerning economic data for Uzbekistan, and reduces the certainty of the cost of inaction versus resilience investment. Despite the adjustment, the study's core message remains: unchecked climate change will severely damage the global economy, disproportionately affecting low-income regions.


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Revised study estimates 17% global income drop from climate change | News Minimalist