A strong case for investing in climate mitigation and adaptation to avoid damage to the global economy

Investment in climate-change mitigation and adaptation to limit global warming to 2°C by 2100 would greatly reduce economic damage, and the cost of inaction is equivalent to 11% to 27% of cumulative GDP, says a report issued on 12 March by Boston Consulting Group (BCG), Cambridge Judge Business School, and the University of Cambridge's climaTraces Lab.