CLIMATE CHANGE

Climate change will do a great damage to the economy if its unchecked rather than preventing costs.
Climate change influences economic outcomes. The main reasons for temperature effects on nations
income are higher temperature, influencing the level of output or economy’s ability to grow and effects
growth rate. These reasons are highly affecting poor countries’ economies. Since no effects are found on
rich countries therefore in future climate change may sustain widen income gaps between rich and poor
countries.