Benefits Far Outweigh Costs of Tackling Climate Change, Says London School of Economics Study

The economic benefits for a country from tackling climate change easily outweigh the costs, according to a study that seeks to highlight the incentives for individual nations to take urgent action to cut emissions.

Countries stand to gain more than they would lose in economic terms from almost all of the actions needed to meet an agreed global warming limit of no more than 2C above pre-industrial levels, according to the paper published by two research institutes at the London School of Economics.

It is the latest research to underscore the apparent economic gains from limiting emissions, which include new jobs and improved health, even before the benefits of preventing dangerous climate change are taken into account.

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