High Cost of Climate Delays

UNEP Chief Achim Steiner warned that delaying a global climate deal would have high costs – in increasing risks to the planet and financial costs of dealing with them. He cited the greatest cost as the loss of momentum in reaching agreement, which has been building up for years.

Read the full article from the Guardian.

In contrast, the International Energy Agency (IEA) has put dollars signs ($) onto the delay — estimating that every year of delay will cost $500 billion in measures to keep global temperatures from rising 2 degrees Celsius.

Read the full article on CarbonPositive

We’d like to ask this question of our readers – it is now widely accepted that a global agreement on climate change will be delayed for at least one year.
What is this delay costing you?

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