Cambridge researchers are investigating the economic consequences of climate change and biodiversity loss, and identifying ways to drive a more sustainable global economy. Calculating climate costs Not so long ago, prevailing work on the macroeconomics of climate change contended that – while set to fiscally devastate low-income countries near the equator – many cooler, wealthier nations will escape the financial fallout and even profit from warmer climes. By 2017, influential studies had fed