Economic Implications of Climate Change: A Bibliometric Analysis of the Costs of Weather-Related Disasters and the Economic Benefits of Mitigation Efforts

The research performs a bibliometric evaluation of climate change economics by assessing weather disaster expenses and financing benefits in climate change adaptation. The research relies on information from the Web of Science database until 2021. This study investigates data publication patterns together with prominent authors and main topics across scholarly works about the economic outcomes of climate change. A specific database search by bibliometrics examines relevant terms about climate change and economics, which enables us to apply impact measurement indicators to analyze these publications quantitatively. The study demonstrates that scholarly research on this subject expanded significantly throughout the last twenty years yet displayed upward velocity after enormous climate occurrences and vital policy developments. The field of prominent economists includes Nicholas Stern, and his deeply referenced study is a prominent contribution. Literature on the topic has changed direction from theoretical analysis to quantitative evaluations based on economic loss assessments and strategy evaluations. The research emphasizes the necessity for scientists from various disciplines to collaborate regarding climate policy development, combining sustainable environmental protection with economic development