The impact of climate change on the global economy is extensive, covering various sectors and regions throughout the world. One of the most significant impacts is an increase in the frequency and intensity of natural disasters, including floods, storms and droughts. In a report by the Intergovernmental Panel on Climate Change (IPCC), it is estimated that economic losses due to this disaster could reach trillions of US dollars every year if mitigation steps are not taken. The agricultural sector is one of the most affected by climate change. Changes in rainfall patterns and temperatures can affect crop yields. For example, increasing temperatures can cause a decrease in the productivity of certain crops, such as rice and wheat. Rising global average temperatures are projected to reduce crop yields in many regions, especially in developing countries that depend on agriculture. In addition, fisheries will also be affected by changes in sea temperature and pH. Rising water temperatures can affect the distribution of fish species, impacting fishermen’s income and the global food supply. Countries that depend on fisheries as their main source of protein will face supply and price crises. The energy industry will also feel a big impact. With energy demand increasing during heat waves, energy infrastructure may not be able to meet demand. A mismatch in supply and demand can cause a spike in energy prices, leading to overall economic inflation. On the other hand, the transition to renewable energy also requires large investments that can affect economic stability throughout the world. The global health sector will be impacted by an increase in climate-related diseases, such as malaria and dengue fever, which are more prevalent in warmer climates. Medical costs and reduced productivity due to illness will place additional burdens on an already strained economic system. Transport and infrastructure are also threatened by climate change. Floods and storms can damage transportation routes, ports and other critical infrastructure. Rising repair and maintenance costs can divert funds from other productive investments, affecting economic growth. Climate change also creates uncertainty in financial markets. Risks arising from extreme weather changes can reveal companies that are unprepared for these risks. Investments in vulnerable sectors can result in large losses and disrupt global market stability. Investors are now increasingly considering environmental, social and governance (ESG) risks in making investment decisions. The sustainability of global economic growth in the future depends largely on how effectively we address these challenges. Policies that support emissions reductions and the adoption of green technologies are critical to mitigating the negative impacts of climate change. Innovation and investment in sustainable solutions can help create new jobs and support an economy that is more resilient to climate impacts. By increasing public awareness and aggregating global collective efforts, we can reduce the impact of climate change on the economy. Economic actors, governments and civil society need to work together to find a balance between economic growth and environmental sustainability. Policy changes, investment in research, and adoption of sustainable practices will provide long-term benefits for the global economy and the environment.