Climate change is a phenomenon that is the most serious global challenge today. As the Earth’s average temperature increases, the impact on the environment and global economy is increasingly profound. One of the most obvious impacts is extreme changes in weather patterns, which result in significant economic losses. Countries with a high dependence on agriculture are vulnerable to crop failure, which directly impacts farmer incomes and food security. The energy sector is also affected. Energy demand experiences fluctuations which affect global energy prices. Renewable energy, such as solar and wind, is increasingly in demand, but this transition requires large investments. Countries that are not ready to adapt can experience falling behind in economic growth. The increasing frequency of natural disasters, such as floods and forest fires, is draining government budgets for recovery, diverting funds that should be used for infrastructure development and public services. The tourism sector, which is one of the main drivers of the economy in many countries, is also threatened by climate change. Tourist destinations that depend on good weather, such as beaches and snowy mountains, may lose their appeal. A decrease in the number of tourists will have an impact on income flowing into the local economy. Meanwhile, countries that are proactive in dealing with climate change tend to take advantage of new opportunities, such as green technology innovation. Investments in environmentally friendly technologies not only reduce carbon emissions, but also create new jobs. The green economy has emerged as a solution that is expected to mitigate negative impacts. With the shift to a more sustainable economy, new sectors will emerge that can increase economic growth. The impact of climate change is not only seen from an economic perspective but also a social one. Social and economic inequalities increasingly exacerbate existing injustices. The most vulnerable communities, usually low income, are the ones who feel the impact the most. Therefore, inclusive and fair policies are needed to ensure that all levels of society can adapt. Adaptation and mitigation are two important things to ensure economic stability in the future. The government and private sector must collaborate to create policies that support sustainability. Investment in environmentally friendly technology, energy efficiency and green infrastructure is a crucial step. Tax policies that motivate the use of renewable energy and reduce waste are also urgently needed. The impact of climate change on the global economy will continue if serious action is not taken. By harnessing innovation and technology, committing to sustainable practices, and creating inclusive policies, there is hope to create an economy that can survive amidst inevitable climate change.