This statistic shows the projected top ten largest national economies in 2050. By 2050, China is forecasted to have a gross domestic product of over ** trillion U.S. dollars.
Roughly ** percent of the annual GDP of lower income countries worldwide in 2050 could be at risk of loss due to exposure to climate hazards, in a slow transition scenario without adaptation measures. Extreme heat and water stress are forecast to have the biggest impact, at *** and *** percent, respectively. In contrast, in upper income countries, the same hazards would put less than one percent of the annual GDP at risk. Nevertheless, climate hazards would still put almost ***** percent of upper income countries' GDP at risk by 2050, in a no-adaptation scenario.
This statistic shows the top ten countries projected to have the greatest average annual growth in gross domestic product from 2016 to 2050. From 2016 to 2050, Vietnam is projected to have an average annual GDP growth rate of * percent.
This statistic indicates that range of variation in GDP, based on climate change impacts in 2050, broken down by region. It is predicted that in 2050 climate change impacts in the Middle East will lead to a decrease between * and ** percent of the region's GDP.
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The impact of climate change has been forecasted to affect the economies of South-East Asian Nations (ASEAN) the hardest. The maximum projected loss incurred by the ASEAN in the event of a 3.2°C temperature rise is 37.4 percent. This is more than double the forecast loss of the Advanced Asia economies and 10 percent higher than the next largest forecast loss of the Middle East & Africa.
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United States EIA Projection: Real GDP: Investment data was reported at 5,343.151 USD bn in 2050. This records an increase from the previous number of 5,229.798 USD bn for 2049. United States EIA Projection: Real GDP: Investment data is updated yearly, averaging 3,579.812 USD bn from Dec 2015 (Median) to 2050, with 36 observations. The data reached an all-time high of 5,343.151 USD bn in 2050 and a record low of 2,210.425 USD bn in 2016. United States EIA Projection: Real GDP: Investment data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.A019: NIPA 2018: GDP by Expenditure: Constant Price: Annual: Projection: Energy Information Administration.
From the IPCC website: The B2 world is one of increased concern for environmental and social sustainability. Education and welfare programs are widely pursued leading to reductions in mortality and, to a lesser extent, fertility. The population reaches about 10 billion people by 2100, consistent with both the United Nations and IIASA median projections. Income per capita grows at an intermediary rate to reach about US$12,000 by 2050. By 2100 the global economy might expand to reach some US$250 trillion. International income differences decrease, although not as rapidly as in scenarios of higher global convergence (A1, B1). Local inequity is reduced considerably through the development of stronger community support networks. Generally high educational levels promote both development and environmental protection. Indeed, environmental protection is one of the few remaining truly international priorities. However, strategies to address global environmental challenges are less successful than in B1, as governments have difficulty designing and implementing agreements that combine environmental protection with mutual economic benefits. The B2 storyline presents a particularly favorable climate for community initiative and social innovation, especially in view of high educational levels. Technological frontiers are pushed less than in A1 and B1 and innovations are also regionally more heterogeneous. Globally, investment in R&D continues its current declining trend, and mechanisms for international diffusion of technology and know-how remain weaker than in scenarios A1 and B1 (but higher than in scenario A2). Some regions with rapid economic development and limited natural resources place particular emphasis on technology development and bilateral co-operation. Technical change is therefore uneven. The energy intensity of GDP declines at about one percent per year, in line with the average historical experience of the last two centuries. Land-use management becomes better integrated at the local level in the B2 world. Urban and transport infrastructure is a particular focus of community innovation, contributing to a low level of car dependence and less urban sprawl. An emphasis on food self-reliance contributes to a shift in dietary patterns towards local products, with reduced meat consumption in countries with high population densities. Energy systems differ from region to region, depending on the availability of natural resources. The need to use energy and other resources more efficiently spurs the development of less carbon-intensive technology in some regions. Environment policy cooperation at the regional level leads to success in the management of some transboundary environmental problems, such as acidification due to SO2, especially to sustain regional self-reliance in agricultural production. Regional cooperation also results in lower emissions of NOx and VOCs, reducing the incidence of elevated tropospheric ozone levels. Although globally the energy system remains predominantly hydrocarbon-based to 2100, there is a gradual transition away from the current share of fossil resources in world energy supply, with a corresponding reduction in carbon intensity. Data are available for the following periods: 1961-1990, 2010-2039; 2040-2069; and 2090-2099 Mean monthly and change fields.
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Potential national income loss from climate risks can be computed using simple damage functions that estimate damages based on the temperature outcomes inferred from the emissions trajectories projected by the transition scenarios. Potential national income benefit from avoided climate damages can be computed by contrasting the damages estimates based on the temperature outcomes from the transition scenarios with the policy, or mitigation, costs from climate action needed to meet a particular temperature outcome.Sources: Network for Greening the Financial System (2023), Scenarios Portal; and International Institute for Applied Systems Analysis (2023), NGFS Phase 4 Scenario Explorer; IMF Staff Calculations.Category: Transition to a Low-Carbon EconomyMetadataThe framework of the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) allows to simulate, in a forward-looking fashion, the dynamics within and between the energy, land-use, economy, and climate systems. Consistent with that framework, the NGFS explores a set of seven climate scenarios, which are characterized by their overall level of physical and transition risk. The scenarios in the current Phase IV (NGFS climate scenarios data set) are Low Demand, Net Zero 2050, Below 2°C, Delayed Transition, Nationally Determined Contributions (NDCs), Current Policies, and Fragmented World. Each NGFS scenario explores a different set of assumptions for how climate policy, emissions, and temperatures evolve. To reflect the uncertainty inherent to modeling climate-related macroeconomic and financial risks, the NGFS scenarios use different models, over and above the range of scenarios. These integrated assessment models (IAMs) are, by their acronyms: GCAM, MESSAGEix-GLOBIOM, and REMIND-MAgPIE. GDP losses and benefits are derived based on the National Institute Global Econometric Model (NiGEM). NiGEM consists of individual country models for the major economies, which are linked together through trade in goods and services and integrated capital markets. Country level data (or country aggregates, whenever country level disaggregation is not present) for GDP, population, primary energy consumption by fuel type, useful energy and carbon taxes from the IAM output is used as an input into the NiGEM scenarios. Climate scenarios within NiGEM can be broadly categorized into physical and transition events. While the effects of physical and transition shocks alongside policy decisions are contemporaneous, the scenarios in NiGEM can be run in a “stacked” manner, where each scenario uses the information provided by the previous scenario as its starting point. This allows for decomposition of shocks and their effects. Results are available for three scenarios: Net Zero 2050, Delayed Transition, and Current Policies. For details please see the NGFS climate scenarios presentation, the Climate scenarios technical documentation, and the User guide for data access.MethodologyThe NGFS climate scenarios database contains information on mitigation policy costs, business confidence losses, chronic climate damages, and acute climate damages. Mitigation policy costs reflect transition risk in a narrow sense and is measured against the Current Policies scenario (for which it is zero). Business confidence losses result from unanticipated policy changes, and only in the Delayed Transition scenario. GDP losses from chronic risks arise from an increase in global mean temperature. Estimates of the macroeconomic impact of acute risks are based on physical risk modelling covering different hazards. Acute risks are modeled independent of the input IAM. Results are available at the original sources for four hazards: droughts impacting on crop yields, tropical cyclones directly damaging assets, heatwaves affecting productivity and demand, and riverine floods directly damaging assets too. Apart from floods acute risks are the result of randomized stochastic output, yielding 60th to 99th percentile GDP impacts. In accordance with the presentation of the scenario results by the NGFS, the 90th percentile has been chosen as the representative confidence bound. That way, the results are focusing on tail risk. While the choice of the percentile will lead to marked differences for the GDP losses indicator, its influence on the GDP benefits indicator is muted due to comparing like-with-like. Further, the sum of the impacts from the four hazards is taken as the acute physical risk measure; see what follows for the methodology in deriving the net benefits. Net benefits can be calculated by comparing the impact of stronger climate action to the reference scenario, the Current Policies scenario: Net Benefit = 100 * (GDP[Policy scenario] / GDP[Current Policies] – 1). GDP in either scenario can be inferred from the hypothetical baseline with no transition nor physical risk and the percentage losses due to mitigation policy (MP), business confidence (BC), chronic climate (CC), and acute climate (AC): GDP = Baseline * (1 + (MP + BC + CC + AC) / 100). Plugging this into the above equation one finds after some algebra: Net Benefit = (MP[Policy scenario] – MP[Current Policies] + BC[Policy scenario] – BC[Current Policies] + CC[Policy scenario] – CC[Current Policies] + AC[Policy scenario] – AC[Current Policies]) / (1 + (MP + BC + CC + AC)[Current Policies] / 100). Obviously, MP[Current Policies] = BC[Current Policies] = BC[Net Zero 2050] = 0. In order to achieve consistency in aggregation of the four components to the total benefit, the denominator is kept fixed, while for the individual contributions only one component at a time, MP, BC, CC, or AC, is used in the numerator. Results are presented for the 49 countries, five geographic regions covering the remainder of countries, and a global and European total. The coverage of the five remainder regions refers to the country classification of emerging market and developing economies in the IMF’s World Economic Outlook.Data series: Potential National Income Loss From Climate RisksPotential National Income Benefit From Avoided Climate Damages
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An interactive chart illustrating The African digital economy will grow sixfold by 2050
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United States EIA Projection: Real GDP: Consumption data was reported at 23,009.000 USD bn in 2050. This records an increase from the previous number of 22,579.832 USD bn for 2049. United States EIA Projection: Real GDP: Consumption data is updated yearly, averaging 16,401.917 USD bn from Dec 2015 (Median) to 2050, with 36 observations. The data reached an all-time high of 23,009.000 USD bn in 2050 and a record low of 11,214.724 USD bn in 2015. United States EIA Projection: Real GDP: Consumption data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.A019: NIPA 2018: GDP by Expenditure: Constant Price: Annual: Projection: Energy Information Administration.
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We provide free TelluBase data to select public data sources.These are small, but important, subsets of the full product.To start with, we offer all Latin American countries (except Venezuela) with GDP per city and subdivision in 2023 in these PDFs.If you represent an academic institution or a reputable media outlet and think you may benefit from TelluBase data, we may be able to provide it for free. Contact us with your query at info@tellusant.com.TelluBase covers 218 countries, 2600 cities, and 2500 subdivisions, 2000-2050. It gives a completely exhaustive view of the world economy.
The ECHAM climate model has been developed from the ECMWF atmospheric model (therefore the first part of its name: EC) and a comprehensive parameterisation package developed at Hamburg therefore the abbreviation HAM) which allows the model to be used for climate simulations. The model is a spectral transform model with 19 atmospheric layers and the results used here derive from experiments performed with spatial resolution T42 (which approximates to about 2.8 degrees longitude/latitude resolution). The model has also been used at resolutions in the range T21 to T106. ECHAM4 is the current generation in the line of ECHAM models (Roeckner, et al., 1992). A summary of developments regarding model physics in ECHAM4 and a description of the simulated climate obtained with the uncoupled ECHAM4 model is given in Roeckner et al. (1996). The initial sea surface temperature and sea-ice data is the COLA/CAC AMIP SST and sea-ice data set. The mean terrain heights are computed from high resolution US Navy data set. The fraction of grid area covered by vegetation based on the Wilson and Henderson-Sellers (1985) data set. The ocean albedo is a function of solar zenith angle and the land albedo from the satellite data of Geleyn and Preuss (1983). A diurnal cycle and gravity wave-drag is included. The time-step of the model is 24 minutes, except for radiation which uses two hours. The ocean model is an updated version of the isopycnal model (OPYC3) developed by Josef Oberhuber (Oberhuber, 1993) at the Max-Planck-Institute for Meteorology, Hamburg, Germany. The name OPYC is derived from Ocean and isoPYCnal co-ordinates. The concept to use isopycnals as the vertical co-ordinate system for an OGCM is based on the observation that the interior ocean behaves as a rather conservative fluid. Even over long distances the origin of water masses can be traced back by considering the distribution of active or passive tracers. Treating the ocean as a conservative fluid fails in areas of significant turbulence activity such as the surface boundary layer. A surface mixed-layer is therefore coupled to the interior ocean in order to represent near-surface vertical mixing and to improve the response time-scales to atmospheric forcing which is controlled by the mixed-layer thickness. Since the model is designed for studies on large scales, a sea ice model with rheology is included and serves the purpose of de-coupling the ocean from extreme high-latitude winter conditions and promotes a realistic treatment of the salinity forcing due to melting or freezing sea ice. The experiments from which results are used here are the 1000-year unforced control simulation using the coupled ECHAM4/OPYC3 model and then two climate change simulations. The greenhouse gas only forced experiment (referred to as GGa1) used historical greenhouse gas forcing from 1860 to 1990 followed by a 1 per cent annum increase in radiative forcing from 1990 to 2099. The greenhouse gas and sulphate aerosol forced experiment (referred to as GSa1) used the GGa1 forcing, plus the negative forcing due to sulphate aerosols. This was represented by means of an increase in clear-sky surface albedo proportional to the local sulphate loading. The indirect effects of aerosols were not simulated. For 1860 to 1990 the historic sulphate aerosol forcing estimate was used and for 1990 to 2049 the aerosol forcing estimated for the IS92a emissions scenario. The GSa1 experiment did not extend beyond 2049. Fuller details of the ECHAM4/OPYC3 coupled model can befound at the DDC Yellow Pages.Several papers describe results using this version of the model - see Bacher et al. (1998), Oberhuber et al. (1998), Zhang et al. (1998). The climate sensitivity of ECHAM4 is about 2.6 degrees C.The A2 world consolidates into a series of roughly continental economic regions, emphasizing local cultural roots. In some regions, increased religious participation leads many to reject a materialist path and to focus attention on contributing to the local community. Elsewhere, the trend is towards ncreased investment in education and science and growth in economic productivity. Social and political structures diversify with some regions moving towards stronger welfare systems and reduced income inequality, while others move towards "lean" government. Environmental concerns are relatively weak, although some attention is paid to bringing local pollution under control and maintaining local environmental amenities.Like B1, the B2 world is one of increased concern for environmental and social sustainability, but the character of this world differs substantially. Education and welfare programs are widely pursued leading to reductions in mortality and, to a lesser extent, fertility. The population reaches about 10 billion people by 2100, consistent with both the United Nations and IIASA median projections. Income per capita grows at an intermediary rate to reach about US$12,000 by 2050. By 2100 the global economy might expand to reach some US$250 trillion. International income differences decrease, although not as rapidly as in scenarios of higher global convergence (A1, B1). Local inequity is reduced considerably through the development of stronger community support networks. Generally high educational levels promote both development and environmental protection. Indeed, environmental protection is one of the few remaining truly international priorities. However, strategies to address global environmental challenges are less successful than in B1, as governments have difficulty designing and implementing agreements that combine environmental protection with mutual economic benefits. The B2 storyline presents a particularly favorable climate for community initiative and social innovation, especially in view of high educational levels. Technological frontiers are pushed less than in A1 and B1 and innovations are also regionally more heterogeneous. Globally, investment in R and D continues its current declining trend, and mechanisms for international diffusion of technology and know-how remain weaker than in scenarios A1 and B1 (but higher than in scenario A2). Some regions with rapid economic development and limited natural resources place particular emphasis on technology development and bilateral co-operation. Technical change is therefore uneven. The energy intensity of GDP declines at about one percent per year, in line with the average historical experience of the last two centuries. Land-use management becomes better integrated at the local level in the B2 world. Urban and transport infrastructure is a particular focus of community innovation, contributing to a low level of car dependence and less urban sprawl. An emphasis on food self-reliance contributes to a shift in dietary patterns towards local products, with reduced meat consumption in countries with high population densities. Energy systems differ from region to region, depending on the availability of natural resources. The need to use energy and other resources more efficiently spurs the development of less carbon-intensive technology in some regions. Environment policy cooperation at the regional level leads to success in the management of some transboundary environmental problems, such as acidification due to SO2, especially to sustain regional self-reliance in agricultural production. Regional cooperation also results in lower emissions of NOx and VOCs, reducing the incidence of elevated tropospheric ozone levels. Although globally the energy system remains predominantly hydrocarbon-based to 2100, there is a gradual transition away from the current share of fossil resources in world energy supply, with a corresponding reduction in carbon intensity.
From the IPCC website: The A1 Family storyline is a case of rapid and successful economic development, in which regional averages of income per capita converge - current distinctions between poor and rich countries eventually dissolve. In this scenario family, demographic and economic trends are closely linked, as affluence is correlated with long life and small families (low mortality and low fertility). Global population grows to some nine billion by 2050 and declines to about seven billion by 2100. Average age increases, with the needs of retired people met mainly through their accumulated savings in private pension systems. The global economy expands at an average annual rate of about three percent to 2100. This is approximately the same as average global growth since 1850, although the conditions that lead to a global economic in productivity and per capita incomes are unparalleled in history. Income per capita reaches about US$21,000 by 2050. While the high average level of income per capita contributes to a great improvement in the overall health and social conditions of the majority of people, this world is not without its problems. In particular, many communities could face some of the problems of social exclusion encountered by the wealthiest countries in the 20th century and in many places income growth could come with increased pressure on the global commons. Energy and mineral resources are abundant in this scenario family because of rapid technical progress, which both reduce the resources need to produce a given level of output and increases the economically recoverable reserves. Final energy intensity (energy use per unit of GDP) decreases at an average annual rate of 1.3 percent. With the rapid increase in income, dietary patterns shift initially significantly towards increased consumption of meat and dairy products, but may decrease subsequently with increasing emphasis on health of an aging society. High incomes also translate into high car ownership, sprawling suburbanization and dense transport networks, nationally and internationally. Land prices increase faster than income per capita. These factors along with high wages result in a considerable intensification of agriculture. Three scenario groups are considered in A1 scenario family reflecting the uncertainty in development of energy sources and conversion technologies in this rapidly changing world. Near-term investment decisions may introduce long-term irreversibilities into the market, with lock-in to one technological configuration or another. The A1B scenario group is based on a balanced mix of energy sources and has an intermediate level of CO2 emissions, but depending on the energy sources developed, emissions in the variants cover a very wide range. In the fossil-fuel intensive scenario group A1FI, emissions approach those of the A2 scenarios; conversely in scenario group A1T with low labor productivity or of rapid progress in "post-fossil" energy technologies, emissions are intermediate between those of B1 and B2. These scenario variants have been introduced into the A1 storyline because of its "high growth with high tech" nature, where differences in alternative technology developments translate into large differences in future GHG emission levels Ecological resilience is assumed to be high in this storyline. Environmental amenities are viewed in a utilitarian way, based on their influence on the formal economy. The concept of environmental quality might change in this storyline from "conservation" of nature to active "management" - and marketing - of natural and environmental services. Data are available for the following periods: 1961-1990, 2010-2039; 2040-2069; and 2090-2099 Mean monthly and change fields.
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United States EIA Projection: Real GDP: Government Spending data was reported at 3,577.507 USD bn in 2050. This records an increase from the previous number of 3,549.675 USD bn for 2049. United States EIA Projection: Real GDP: Government Spending data is updated yearly, averaging 3,207.616 USD bn from Dec 2015 (Median) to 2050, with 36 observations. The data reached an all-time high of 3,577.507 USD bn in 2050 and a record low of 2,883.700 USD bn in 2015. United States EIA Projection: Real GDP: Government Spending data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.A019: NIPA 2018: GDP by Expenditure: Constant Price: Annual: Projection: Energy Information Administration.
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United States EIA Projection: Real GDP: Exports data was reported at 6,806.157 USD bn in 2050. This records an increase from the previous number of 6,618.632 USD bn for 2049. United States EIA Projection: Real GDP: Exports data is updated yearly, averaging 4,002.198 USD bn from Dec 2015 (Median) to 2050, with 36 observations. The data reached an all-time high of 6,806.157 USD bn in 2050 and a record low of 2,120.059 USD bn in 2016. United States EIA Projection: Real GDP: Exports data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.A019: NIPA 2018: GDP by Expenditure: Constant Price: Annual: Projection: Energy Information Administration.
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EIA Projection: Real GDP data was reported at 32,006.383 USD bn in 2050. This records an increase from the previous number of 31,460.225 USD bn for 2049. EIA Projection: Real GDP data is updated yearly, averaging 23,236.614 USD bn from Dec 2015 (Median) to 2050, with 36 observations. The data reached an all-time high of 32,006.383 USD bn in 2050 and a record low of 16,397.199 USD bn in 2015. EIA Projection: Real GDP data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.A019: NIPA 2018: GDP by Expenditure: Constant Price: Annual: Projection: Energy Information Administration.
From the IPCC website: The B2 world is one of increased concern for environmental and social sustainability. Education and welfare programs are widely pursued leading to reductions in mortality and, to a lesser extent, fertility. The population reaches about 10 billion people by 2100, consistent with both the United Nations and IIASA median projections. Income per capita grows at an intermediary rate to reach about US$12,000 by 2050. By 2100 the global economy might expand to reach some US$250 trillion. International income differences decrease, although not as rapidly as in scenarios of higher global convergence (A1, B1). Local inequity is reduced considerably through the development of stronger community support networks. Generally high educational levels promote both development and environmental protection. Indeed, environmental protection is one of the few remaining truly international priorities. However, strategies to address global environmental challenges are less successful than in B1, as governments have difficulty designing and implementing agreements that combine environmental protection with mutual economic benefits. The B2 storyline presents a particularly favorable climate for community initiative and social innovation, especially in view of high educational levels. Technological frontiers are pushed less than in A1 and B1 and innovations are also regionally more heterogeneous. Globally, investment in R&D continues its current declining trend, and mechanisms for international diffusion of technology and know-how remain weaker than in scenarios A1 and B1 (but higher than in scenario A2). Some regions with rapid economic development and limited natural resources place particular emphasis on technology development and bilateral co-operation. Technical change is therefore uneven. The energy intensity of GDP declines at about one percent per year, in line with the average historical experience of the last two centuries. Land-use management becomes better integrated at the local level in the B2 world. Urban and transport infrastructure is a particular focus of community innovation, contributing to a low level of car dependence and less urban sprawl. An emphasis on food self-reliance contributes to a shift in dietary patterns towards local products, with reduced meat consumption in countries with high population densities. Energy systems differ from region to region, depending on the availability of natural resources. The need to use energy and other resources more efficiently spurs the development of less carbon-intensive technology in some regions. Environment policy cooperation at the regional level leads to success in the management of some transboundary environmental problems, such as acidification due to SO2, especially to sustain regional self-reliance in agricultural production. Regional cooperation also results in lower emissions of NOx and VOCs, reducing the incidence of elevated tropospheric ozone levels. Although globally the energy system remains predominantly hydrocarbon-based to 2100, there is a gradual transition away from the current share of fossil resources in world energy supply, with a corresponding reduction in carbon intensity. Data are available for the following periods: 1961-1990, 2010-2039; 2040-2069; and 2090-2099 Mean monthly and change fields.
The economic losses due to water risk across the globe are projected to increase in the following decades. By 2050, the cumulative gross domestic product (GDP) loss worldwide is estimated to reach *** trillion U.S. dollars. Furthermore, the country that is expected to have the largest GDP loss as a result of water hazard between 2022 and 2050 is the United States, with an estimated economic impact of some *** trillion U.S. dollars.
The experiments with the GFDL model used here were performed using the coupled ocean-atmosphere model described in Manabe et al. (1991) and Stouffer et al., (1994) and references therein. The model has interactive clouds and seasonally varying solar insolation. The atmospheric component has nine finite difference (sigma) levels in the vertical. This version of the model was run at a rhomboidal resolution of 15 waves (R15) yielding an equivalent resolution of about 4.5 degrees latitude by 7.5 degrees longitude. The model has global geography consistent with its computational resolution and seasonal (but not diurnal) variation of insolation. The ocean model is based on that of Byan and Lewis (1979) with a spacing between gridpoints of 4.5 degrees latitude and 3.7 degrees longitude. It has 12 unevenly spaced levels in the vertical dimension. To reduce model drift, the fluxes of heat and water are adjusted by amounts which vary seasonally and geographically, but do not change from one year to another. The model also includes a dynamic sea-ice model (Bryan, 1969) which allows the system additional degrees of freedom. The 1000-year unforced simulation used here is described in Manabe and Stouffer (1996). The drift in global-mean temperature during this unforced simulation is very small at about -0.023 degrees C per century. The two GFDL-R15 climate change experiments used here use the IS92a scenario of estimated past and future greenhouse gas (GGa1) and combined greenhouse gas and sulphate aerosol (GSa1) forcing for the period 1765-2065 (Haywood et al., 1997). For the GGa1 experiment only the 100-year segment from 1958-2057 are available through the IPCC DDC. The radiative effects of all greenhouse gases is represented in terms of an equivalent CO2 concentration, and the direct radiative sulphate aerosol forcing is parameterised in terms of specified spatially dependent surface albedo changes (following Mitchell et al., 1995). Results from these climate change experiments are discussed in Haywood et al. (1997). The model's climate sensitivity is about 3.7 degrees C. Like B1, the B2 world is one of increased concern for environmental and social sustainability, but the character of this world differs substantially. Education and welfare programs are widely pursued leading to reductions in mortality and, to a lesser extent, fertility. The population reaches about 10 billion people by 2100, consistent with both the United Nations and IIASA median projections. Income per capita grows at an intermediary rate to reach about US$12,000 by 2050. By 2100 the global economy might expand to reach some US$250 trillion. International income differences decrease, although not as rapidly as in scenarios of higher global convergence (A1, B1). Local inequity is reduced considerably through the development of stronger community support networks. Generally high educational levels promote both development and environmental protection. Indeed, environmental protection is one of the few remaining truly international priorities. However, strategies to address global environmental challenges are less successful than in B1, as governments have difficulty designing and implementing agreements that combine environmental protection with mutual economic benefits. The B2 storyline presents a particularly favorable climate for community initiative and social innovation, especially in view of high educational levels. Technological frontiers are pushed less than in A1 and B1 and innovations are also regionally more heterogeneous. Globally, investment in R and D continues its current declining trend, and mechanisms for international diffusion of technology and know-how remain weaker than in scenarios A1 and B1 (but higher than in scenario A2). Some regions with rapid economic development and limited natural resources place particular emphasis on technology development and bilateral co-operation. Technical change is therefore uneven. The energy intensity of GDP declines at about one percent per year, in line with the average historical experience of the last two centuries. Land-use management becomes better integrated at the local level in the B2 world. Urban and transport infrastructure is a particular focus of community innovation, contributing to a low level of car dependence a... Visit https://dataone.org/datasets/doi%3A10.5063%2FAA%2Fdpennington.176.4 for complete metadata about this dataset.
This statistic shows the projected top ten largest national economies in 2050. By 2050, China is forecasted to have a gross domestic product of over ** trillion U.S. dollars.