Climate change could cost the world £1.8tn if left unchecked

Long-term investors 'would be better off in a low-carbon world', says LSE professor

160405-power-plant.jpg
(Image credit: Christopher Furlong/Getty Images)

Climate change could cost the world trillions of pounds, according to a new study by the London School of Economics.

"Our work suggests to long-term investors that we would be better off in a low-carbon world," Professor Simon Dietz, the lead author of the report into the financial implications of climate change, told The Guardian.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us