Economics
Climate change directly impacts the economy through increases in temperature, rising sea levels, and more frequent and intense extreme events. These impacts can also lead to indirect effects on markets, budgets, trade, and employment—creating both risks and opportunities. Economic consequences of these impacts affect certain regions, industries, and communities more than others.
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Key Messages
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- Climate Change Affects the Economy Directly
- Markets and Budgets Respond to Climate Change
- Economic Opportunities for Households,
Businesses, and Institutions Will Change
From the Economics chapter of the Fifth National Climate Assessment
