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UNEP Warns: $8 Trillion a Year Needed to Avoid Climate, Biodiversity and Economic Collapse

UNEP Warns: $8 Trillion a Year Needed to Avoid Climate, Biodiversity and Economic Collapse

The United Nations Environment Programme’s Seventh Global Environment Outlook urges a decisive global policy shift to avoid catastrophic environmental and economic impacts. Compiled by 287 scientists across 82 countries, the report says roughly $8 trillion a year is needed to reach climate neutrality by 2050 and restore biodiversity. It highlights current costs — about $143 billion annually from extreme weather and $8.1 trillion in 2019 air-pollution health damages — and warns temperatures could rise above 2°C without action. Transitioning to sustainable, low‑carbon systems could yield up to $20 trillion per year by 2070.

The United Nations Environment Programme (UNEP) has issued a forceful call for a worldwide change of course in environmental and climate policy following the release of its Seventh Global Environment Outlook in Nairobi.

"Humanity faces a simple choice," said Executive Director Inger Andersen at the report presentation. "We can continue toward a future ravaged by climate change, dwindling nature, degraded land and polluted air, or change course to ensure a healthy planet, healthy people and healthy economies."

The assessment was produced by 287 scientists spanning multiple disciplines across 82 countries and is described by UNEP as the most comprehensive global environmental appraisal to date.

Key Findings

UNEP warns that achieving climate neutrality by 2050 and securing sufficient funding for biodiversity conservation and restoration will require roughly $8 trillion in annual investment. Andersen stressed that the cost of failing to act would be substantially higher.

The report estimates that the economic toll from extreme weather events attributed to climate change over the past 20 years averages about $143 billion per year. Separately, health damages from air pollution in 2019 imposed an estimated economic cost of about $8.1 trillion — roughly 6.1% of global GDP that year.

Without aggressive countermeasures, global temperatures are projected to rise by more than 2°C. Under such warming, scientists estimate global annual GDP could fall by about 4% by 2050 and by as much as 20% by the end of the century.

Economic Opportunity From a Green Transition

The report also finds that shifting the world economy toward sustainable agriculture and low‑carbon systems would produce macroeconomic benefits beginning after 2050, potentially rising to $20 trillion per year by 2070. UNEP frames this as both an urgent investment challenge and an historic economic opportunity.

The Seventh Global Environment Outlook offers policymakers a data-driven roadmap: invest now to avoid far greater human, environmental and economic costs later.

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UNEP Warns: $8 Trillion a Year Needed to Avoid Climate, Biodiversity and Economic Collapse - CRBC News