The Climate Vulnerable Forum report of September 2012 revision of previous estimates of losses linked to climate change, points to unprecedented harm to human society and current economic development that will increasingly affect people around the world, especially the poorest and most vulnerable, and at the same time hold back growth. Its key findings includes an estimation of 400,000 deaths due to hunger and communicable diseases aggravated by climate change, while failure to act already costs the world economy 1.6% of global GDP, amounting to 1.2 trillion dollars in forgone prosperity a year. Furthermore rapidly escalating temperatures and carbon-related pollution will double costs to 3.2% of world GDP by 2030. With major economies such as the European Union to be heavily hit.
Statement from the Coalition for Higher Ambition urging to support an ambitious EU 2040 domestic emission reduction target ahead of COP30
Ahead of the European Council meeting (23-24 October 2025) members of the Coalition for Higher Ambition have written to EU Heads of State and Government
15/10/2025
