Archive · 11 Jun 2025
Climate Action Can Boost Global GDP Growth, Reports Show
Imagine countries working together to fight climate change.
New research shows that if they do, the world's economy could actually grow faster!
By investing in clean energy, we can boost the economy, making it stronger and more innovative.
If countries aren't sure about their climate plans, it could slow things down.
But with clear plans, the economy can grow a lot, even helping lift people out of poverty.
It's like a win-win: helping the planet and making the economy better at the same time!
Enhanced climate action, aligned with the Paris Agreement, could increase global GDP by 0.2% by 2040.
Investing in clean energy and energy efficiency boosts productivity and innovation.
In an enhanced NDCs scenario, global GDP is projected to grow by 60% by 2040 compared to 2022.
Policy uncertainty weakens investment and slows growth, potentially reducing GDP by 0.75% by 2030.
Integrating climate and development policies could help lift 175 million people out of extreme poverty by 2050.
- Who
- OECD and UNDP conducted the analysis.
- What
- Accelerated climate action impacts global GDP.
- When
- The analysis was released June 10.
- Where
- Global impacts are discussed.
- Why
- To show the economic benefits of climate action.
Pro-Climate Action
Pro-Inaction
Economic Impact
Pro-Climate Action
Emphasizes the economic gains and growth potential with increased climate action.
Pro-Inaction
Emphasizes the potential for economic losses due to climate change.
- GDP increase by 2040 (Enhanced NDCs)
- 0.2%
- GDP growth by 2040 (compared to 2022)
- 60%
- GDP reduction risk (policy uncertainty by 2030)
- 0.75%
- Poverty reduction by 2050
- 175 million people
- Organizations involved
- OECD and UNDP