Archive · 18 Sep 2025
Climate Change to Cost Over $1.5 Trillion by 2050
A new report says that climate change can make people sick and cost a lot of money.
The World Economic Forum and Boston Consulting Group did the study.
It looked at how things like food production, buildings, healthcare, and insurance will be affected.
The report estimates losses will exceed $1.5 trillion.
This is due to illness, labor shortages, and other effects.
Companies are encouraged to make changes to prepare.
It is important to adapt and fix the problems fast.
Climate change impacts could result in over $1.5 trillion in lost productivity.
The report was developed by the World Economic Forum and Boston Consulting Group.
The study focused on sectors including food and agriculture, built environment, health, and insurance.
Food and agriculture could lose $740 billion in output.
Companies are urged to act now to protect workforce health and productivity.
- Who
- World Economic Forum (WEF) and Boston Consulting Group (BCG)
- What
- Report on climate-related health risks' economic impact
- When
- Published ahead of 2025 meetings; projects losses through 2050
- Where
- Global economy
- Why
- To highlight the economic impact of climate change on health and productivity
Companies that are unprepared
Companies taking action
Impact of Climate on Business
Companies that are unprepared
Companies delaying adaptation will face rising health and productivity risks.
Companies taking action
Companies investing in early adaptation can unlock new opportunities.
- Estimated Loss
- Over $1.5 trillion
- Report Source
- World Economic Forum (WEF) and Boston Consulting Group (BCG)
- Affected Sectors
- Food & Agriculture, Built Environment, Health, Insurance
- Food & Agriculture Losses
- $740 billion
- Built Environment Losses
- $570 billion
- Health & Healthcare Losses
- $200 billion
- Report Publication
- Ahead of Sustainable Development Impact Meetings 2025
