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CASE ASSIGNMENTClimate change is likely to have an adverse impact on economic growth over the long run. The long runeffects of climate change will most

CASE ASSIGNMENTClimate change is likely to have an adverse impact on economic growth over the long run. The long runeffects of climate change will most certainly be negative for global economic activity. Damage to the globalcapital stock and disruptions to labor supply will reduce productivity and economic activity. Inflation willincrease as production is curtailed, particularly in agriculture, further weakening real incomes and spending.Whilst there will be winners and losers from warming of se

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