Quantifying the economic costs of climate change inaction for Asia and the Pacific

Damage function extrapolation of the losses suggests they could reach 41% of gross domestic product by 2100. Even a scenario that attains Paris Agreement goals leads to 11% GDP loss by 2100. The analysis covers shocks in agriculture, fisheries, forestry, energy demand, capital (from sea level rise and riverine floods), and labor (from heat stress and extreme events). It finds that sea level rise is the largest source of loss, followed by reduced labor productivity from heat stress.