Hitting toughest climate target will save world $30tn in damages, analysis shows

clock • 3 min read

Almost all nations would benefit economically from keeping global warming to 1.5C, a new study indicates

Achieving the toughest climate change target set in the global Paris agreement will save the world about $30tn in damages, far more than the costs of cutting carbon emissions, according to a new economic...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

COP29: New negotiating texts set up battle over climate finance deal

COP29: New negotiating texts set up battle over climate finance deal

New draft negotiating texts point way to a compromise deal, but proposals for $250bn in finance from industrialised nations fall far short of developing economy asks

James Murray in Baku
clock 22 November 2024 • 9 min read
COP29: Why business leaders want a 'clear commitment to transition away from fossil fuels'

COP29: Why business leaders want a 'clear commitment to transition away from fossil fuels'

Over 250 major businesses have signed letter calling for COP29 to build on last year's pledge to accelerate global decarbonisation efforts

James Murray
clock 22 November 2024 • 6 min read
'Failure is not an option': Antonio Guterres urges COP29 negotiators to 'soften hard lines' and deliver historic climate finance deal

'Failure is not an option': Antonio Guterres urges COP29 negotiators to 'soften hard lines' and deliver historic climate finance deal

UN Secretary-General urges exhausted diplomats to find common ground, warning failure to reach deal would jeopardise climate action

James Murray
clock 21 November 2024 • 6 min read