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Economic Viewpoint

Global Warming What Are the Economic Implications?

August 21, 2019
François Dupuis, Vice-President and Chief Economist • Mathieu D’Anjou, Deputy Chief Economist • Carine Bergevin-Chammah, Economist

Many countries are increasingly concerned about how their economies will respond to climate change as a number of major institutions are sounding the alarm about global warming. A review of the literature on the possible economic costs of greenhouse gas (GHG) emissions provides insight into not only the possible negative impact on the global economy, but also the level of uncertainty that surrounds climate models and their effect on the economy.

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