Concept information
Preferred term
economic impact of climate change
Definition
- THE ECONOMIC IMPACTS of climate change are the net costs or benefits from such climatic change on the global economy relative to a prior world with constant climate. Economic impacts are usually measured relative to a pre-industrial average climate (1750–1850). [Source: Encyclopedia of Global Warming and Climate Change; Economics, Impact From Climate Change]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/economic_impact_of_climate_change
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