Climate Emergency Institute

IPCC Oct. 2018 1.5°C Repor
IPCC 2018 Special Report 1.5°C
IPCC 2018 1.5°C Report, Box 3.6

IPCC 1.5°C Report: Economic Damages
from Climate Change

DAMAGES The mean net present value of the costs of damages from warming in 2100 for 1.5°C and 2°C (including costs associated with climate change-induced market and non-market impacts, impacts due to sea level rise, and impacts associated with large-scale discontinuities) are $54 and $69 trillion, respectively, relative to 1961–1990.

Values of the social cost of carbon vary when tipping points are included. The social cost of carbon in the default setting of the Dynamic Integrated Climate-Economy (DICE) model increases from $15 tCO2 to $116 when large-scale singularities or ‘tipping elements’ are incorporated. These calculations excluded the large health co-benefits that accrue when greenhouse gas emissions are reduced

The economic damages of climate change in the USA are projected to be large, the USA will lose -0.1 to 1.7% of the Gross Domestic Product (GDP) at 1.5°C warming.
PDF of IPCC 1.5C Table 3.2 Global and regional climate changes and hazards
PDF of IPCC 1.5°C Report on food security
PDF 3 pages of IPCC 1.5°C Report essentials
The report shows with certainty that 1.5°C is globally disastrous but 2°C is total planetary catastrophe
IPCC video 1.5°C Report​
MITIGATION (best-case P1) 
  • ​Immediate (2020) rapid decline in global emissions
  • By 2030 a 50% drop emissions  
  • By 2050 near zero Fossil fuel energy
Global warming on high emissions scenario
​ (as today) projected to 2050
Mainly by report images
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