Stories

Meeting Paris climate goals could save the world trillions of dollars

Meltwater courses through the Greenland Ice Sheet.
Landscape on the Greenland Ice Sheet near Kangerlussuaq. Photo: Martin Zwick/Reda&Co/UIG via Getty Images

Meeting the more stringent global temperature targets included in the Paris climate agreement would save countries trillions of dollars in economic output, outweighing the costs of reducing emissions, new research has found.

Why it matters: The study, published Wednesday in the journal Nature, is the first to look at how global economic output would be affected under different amounts of global warming, providing policymakers with the "benefits" side of a cost-benefit analysis.