questionText: To ask the Chancellor of the Exchequer, what assessment her Department has made of the cost to (a) the public purse (b) businesses and (c) individual people from climate change.
answerText: Illustrative analysis in the Office for Budget Responsibility's 2024 Fiscal Risks and Sustainability Report suggests that UK GDP could be around 3% lower by 2074 under a below 2°C warming scenario and around 5% lower under a below 3°C warming scenario. Th...
heading: Climate Change: Costs