IPCC wants $13 trillion to fight climate change up to 2030 and another $31 trillion from 2031 to 2050
Switching from fossil fuels to low-carbon sources of energy will cost $44 trillion between now and 2050.
Aside from delays in action, many other factors will increase costs. Costs will go up if countries don’t all work together. They’ll also increase if technologies don’t work as expected. The most glaring example has to do with technology for capturing and storing carbon dioxide. According to the IPCC, if this technology can’t be deployed, the cost of stabilizing greenhouse-gas levels will more than double.
Source: http://nextbigfuture.com/2014/05/ipcc-wants-13-trillion-to-fight-climate.html
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