Climate change is having a profound impact on the global economy. Rising temperatures and extreme weather events threaten agriculture, infrastructure, and human livelihoods. The cost of adaptation and mitigation measures is skyrocketing, burdening countries already struggling with economic challenges. Industries such as tourism and agriculture are particularly vulnerable, with shifting patterns and diminishing resources. Small island nations and developing countries bear the brunt of these consequences, amplifying inequality. The economic consequences extend beyond financial losses; they disrupt supply chains, increase healthcare costs, and compromise food security. Urgent international cooperation and innovative solutions are required to minimize the economic devastation caused by climate change. Time is of the essence.