The Economic Consequences of Climate Change This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond. It focuses on how climate change affects different drivers of growth including labour productivity and capital supply in different sectors across the world. The sectoral and regional analysis shows that while the impacts of climate change spread across all sectors and all regions the largest negative consequences are projected to be found in the health and agricultural sectors with damages especially strong in Africa and Asia.