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Fighting Climate Change Could Boost the Global Economy by $26 Trillion

Concerted efforts to stop climate change by 2030 would also create 65 million new jobs and–this part is important–stop 700,000 premature deaths.

Over the next 10 to 15 years, the world will invest $90 trillion in new infrastructure–more than the total current stock that exists today. If those investments are in line with what’s needed to address climate change, a new report says, it could be part of a shift that delivers $26 trillion in economic benefits between now and 2030.

For the climate, it’s a critical window to keep the global temperature from rising more than 2 degrees Celsius. Most of the choices for the new investments in infrastructure will be made in the next two or three years. “If we get that infrastructure right, we’re going to put ourselves on the right path,” says Helen Mountford, lead author of the report from the Global Commission on the Economy and Climate’s New Climate Economy project.

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