According to the UNEP Finance Initiative, climate change is referred to by leading economists as the greatest market failure in human history, with potentially disruptive implications for the social well-being, economic development, and financial stability of current and future generations. Conservative estimates see unabated climate change leading to global costs equivalent to losing five to 20 per cent of global gross domestic product (GDP) each year, now and forever.
|Publisher||UNEP DTU Partnership|
|Number of pages||58|
|Publication status||Published - 2021|