Back to today’s briefing

Story perspectives

Climate Risks Could Cost Global Economy $41.4 Trillion by 2050

10/18/2025

29 6

Summary

Story summary

Moody's Analytics projects that by 2050 the global economic impact of physical climate risks could reach $41.4 trillion, about 14.5% of global GDP.
The United States could face $6 trillion in losses, equal to 9.5% of U.S. GDP.
Chronic factors such as sea level rise and productivity losses would account for about two-thirds of global losses, with more frequent natural disasters contributing the rest, per Moody's Analytics.

1 of 1

Story summary

Moody's Analytics projects that by 2050 the global economic impact of physical climate risks could reach $41.4 trillion, about 14.5% of global GDP.
The United States could face $6 trillion in losses, equal to 9.5% of U.S. GDP.
Chronic factors such as sea level rise and productivity losses would account for about two-thirds of global losses, with more frequent natural disasters contributing the rest, per Moody's Analytics.