Some economists have tried to estimate the aggregate net economic costs of damages from climate change across the globe. Such estimates have so far failed to reach conclusive findings; in a survey of 100 estimates, the values ran from US$-10 per tonne of carbon (tC) (US$-3 per tonne of carbon dioxide) up to US$350/tC (US$95 per tonne of carbon dioxide), with a mean of US$43 per tonne of carbon (US$12 per tonne of carbon dioxide). One widely publicized report on potential economic impact is the Stern Review; it suggests that extreme weather might reduce global gross domestic product by up to 1%, and that in a worst-case scenario global per capita consumption could fall 20%. The report's methodology, advocacy and conclusions have been criticized by many economists, primarily around the Review's assumptions of discounting and its choices of scenarios, while others have supported the general attempt to quantify economic risk, even if not the specific numbers.
Preliminary studies suggest that costs and benefits of mitigating global warming are broadly comparable in magnitude.
According to United Nations Environment Programme (UNEP), economic sectors likely to face difficulties related to climate change include banks, agriculture, transport and others. Developing countries dependent upon agriculture will be particularly harmed by global warming.
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