In a recent study conducted in 2020, the gross domestic product (GDP) in Australia was estimated to contract by 3.6 percent in 2050 in a scenario where no action on climate change was taken in the country. Furthermore, the GDP was estimated to reduce by 6.3 percent in 2070 if climate change was not mitigated.
Estimated change in GDP from unmitigated climate change in Australia in 2050 and 2070, by state
Data represents modelling undertaken by Deloitte Access Economics quantifying physical damages to the environment if there is inaction or mis-action in preventing climate change. The damages baseline is presented here.
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Deloitte. (November 2, 2020). Estimated change in GDP from unmitigated climate change in Australia in 2050 and 2070, by state [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1202324/australia-estimated-gdp-impact-from-climate-change-inaction-by-state/
Deloitte. "Estimated change in GDP from unmitigated climate change in Australia in 2050 and 2070, by state." Chart. November 2, 2020. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1202324/australia-estimated-gdp-impact-from-climate-change-inaction-by-state/
Deloitte. (2020). Estimated change in GDP from unmitigated climate change in Australia in 2050 and 2070, by state. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1202324/australia-estimated-gdp-impact-from-climate-change-inaction-by-state/
Deloitte. "Estimated Change in Gdp from Unmitigated Climate Change in Australia in 2050 and 2070, by State." Statista, Statista Inc., 2 Nov 2020, https://www.statista.com/statistics/1202324/australia-estimated-gdp-impact-from-climate-change-inaction-by-state/
Deloitte, Estimated change in GDP from unmitigated climate change in Australia in 2050 and 2070, by state Statista, https://www.statista.com/statistics/1202324/australia-estimated-gdp-impact-from-climate-change-inaction-by-state/ (last visited December 04, 2024)
Estimated change in GDP from unmitigated climate change in Australia in 2050 and 2070, by state [Graph], Deloitte, November 2, 2020. [Online]. Available: https://www.statista.com/statistics/1202324/australia-estimated-gdp-impact-from-climate-change-inaction-by-state/
