The Economic Consequences of Climate Change

Abstract

Climate change poses significant economic challenges, including increased natural disasters, agricultural disruptions, and rising sea levels. This research paper evaluates the economic costs associated with climate change, focusing on sectors such as insurance, agriculture, and tourism. It also explores the economic opportunities arising from the transition to a low-carbon economy, such as renewable energy and green technologies. The study emphasizes the importance of robust economic policies to address the risks and harness the potential of a changing climate.