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Climate Change Costs

 
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Climate Change Costs
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Costs of Climate Change vs Climate Protection (6/8)

Should we react promptly to the threat of climate change, or should we accept the inevitable? The graph on the left shows the costs over this century of protecting the climate in different regions of the world, depending on when we implement climate protection policies, from 2005 or from 2025. Contrast with the graph on the right which shows what we are likely to pay in terms of climate change damages, depending on when we act, over the same period to 2100. (Source: German Institute for Economic Research (DIW))

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