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Climate Change Costs

 
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Climate Change Costs
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Early Action vs Business as Usual (5/8)

Time means money, and nowhere is this better illustrated than in the costs of postponing action on climate change. The above graphic compares the costs depending on when effective climate protection policies are implemented. If we wait until 2025 to protect against climate change the costs of increasing temperatures, rising sea levels, and severe weather will be three, four, or even five times higher than they would be if we act now. (Source: German Institute for Economic Research (DIW))

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