Germany counts the cost of climate change

摘要

Climate change could cost the German economy up to €800 billion (US$1.1 trillion) by 2050, according to a study by the Berlin-based German Institute for Economic Research (DIW). The authors modelled the effects of a 4.5 ℃ warming on all economic sectors. Unstopped warming would cause an average loss of 0.5% in national economic growth per year, they conclude.