Climate Changed
Paris Accord Could Make the World $19 Trillion Richer
- Gross world product will rise 0.8 percent by 2050, study finds
- Investments in clean energy could generate 6 million jobs
Paris Mayor Says Trump Won't Stop Paris Accord Momentum
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Efforts to slow climate change won’t just keep the planet habitable. They will also boost the world economy by $19 trillion.
Investments in renewable power and energy efficiency will add about 0.8 percent to global gross domestic product by 2050, the International Renewable Energy Agency, or Irena, said Monday in a report produced for the German government. Governments are committing resources to green energy in a bid to keep warming within 2 degrees Celsius (3.6 Fahrenheit), of pre-industrial conditions, in accordance with the landmark Paris Agreement on global warming.