The impact of climate change on the global economy is a crucial issue that is increasingly attracting world attention. Climate change not only affects the environment, but also has the potential to destroy the economic foundations of various countries. The most affected sectors include agriculture, energy and industry. Increasing temperature gradients trigger prolonged crop failures, potentially destabilizing global food security. In countries that rely heavily on the agricultural sector, unpredictable crop yields can increase food prices significantly. In addition, climate change is increasing the frequency and intensity of natural disasters such as floods, forest fires and hurricanes. Losses resulting from these disasters not only harm infrastructure but also burden the insurance system and affect the local economy. In many cases, developing countries with limited adaptive capacity face more severe impacts. Investments in climate-resilient infrastructure are critical to reducing economic losses. The energy sector is also undergoing transformation due to the need to adapt to climate change. Shifting from fossil fuels towards renewable energy sources not only reduces carbon emissions, but also creates new business opportunities. However, this transition requires major investment and the right policy support to be successful. On the other hand, companies that do not take preventative steps to address climate change risks potentially face significant financial consequences. Investors are increasingly considering sustainability factors as part of their risk analysis. If no concrete steps are taken, the economic gap between developed and developing countries will widen. Climate change also affects public health which in turn impacts labor productivity. Diseases that appear more frequently due to extreme weather and pollution can reduce work capacity. In this case, health costs are expected to increase, affecting government and private sector budgets. One strategic step that can be taken to mitigate this impact is to promote technological innovation, including the use of software to predict weather patterns and agricultural adaptation technology. Government policies that support this development are crucial to ensuring inclusive and sustainable growth. Overall, the impact of climate change on the global economy is multifaceted and requires strong international cooperation. Countries need to share technology, knowledge and resources to create effective solutions to overcome the impacts of climate change. Through this collaboration, we can reduce risks and create a more resilient economic future amidst existing challenges.
