hat is one of the main concerns for how climate change will affect the global economy?(1 point)

Question

Responses

Climate change will cause an increase in income for people, which will harm the economy.
Climate change will cause an increase in income for people, which will harm the economy.

Global growth will increase because of costs associated with climate change.
Global growth will increase because of costs associated with climate change.

Climate change will cause a decrease in manufacturing prices, which will harm the economy.
Climate change will cause a decrease in manufacturing prices, which will harm the economy.

Global growth will slow because of costs associated with climate change.

Answer 1

One of the main concerns for how climate change will affect the global economy is:

Global growth will slow because of costs associated with climate change.

This reflects the idea that addressing the impacts of climate change, such as extreme weather events, increased health risks, and the transition to a low-carbon economy, can impose significant costs on economies, potentially hindering growth.