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Study: Climate change threatens one-fifth of global income in 2050

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Published: April 18th, 2024,
Last updated: May 28th, 2025

The flooded German village of Dernau in July 2021. According to the World Weather Attribution research group, climate change intensified the extreme rainfall at that time.

Whether due to crop failures, infrastructure damage or lower labor productivity: Climate change could cause economic damages of 38 trillion US dollars worldwide in 2050, even if greenhouse gas emissions were to be drastically cut immediately. This is the conclusion of researchers from the Potsdam Institute for Climate Impact Research (PIK) in a recent study published in the scientific journal Nature.

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Klimaschäden