That cost is primarily borne by those in undeveloped regions, where 0.2-2.0% of average global annual income can easily equal >= 100% of local income. Further,

That cost is primarily borne by those in undeveloped regions, where 0.2-2.0% of average global annual income can easily equal >= 100% of local income. Further, from the report (emphasis theirs): > It is very likely that globally aggregated figures underestimate the damage costs because they cannot include many non-quantifiable impacts. It is virtually certain that aggregate estimates of costs mask significant differences in impacts across sectors, regions, countries and populations. It's extremely disingenuous to provide the 0.2-2.0% figure without the massive footnote that this is a stark underestimate.