Why delaying climate action is more costly than investing now

⏳ The cost of inaction on climate change is far greater than the cost of investing now. Delaying action not only worsens the impacts of climate change but also increases the cost of reaching net zero and risks putting the 1.5°C goal out of reach. 📉 CPI analysis shows that aligning with 1.5°C will require between 5.4 and 11.7 trillion dollars per year until 2030, and between 9.3 and 12.2 trillion dollars per year through mid-century. If the world continues on a business-as-usual path, the social and economic costs could exceed 1,266 trillion dollars. That is a staggering price for delay. The case for urgent investment is clear — waiting will only cost more. 💡 Explore this and other insights on climate investment needs in CPI’s interactive dashboard. 🔗 https://lnkd.in/d-nzPb3V #climatefinance #netzero #climateaction #parisagreement