A CGD note. The long run global estimates of climate impact on GDP are small. That hides the fact that there are big volatility shocks and impacts are concentrated in poorer countries. And that matters a lot for policy response.
Charles Kenny
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Charles Kenny writes about global development — what’s working, what isn’t, and how the world can do better. An economist who spent fifteen years at the World Bank, he is now a senior fellow at the Center for Global Development in Washington, DC.