Inaction on climate change will cause annual losses to Florida’s industries throughout the next century. As early as 2025, Florida will likely see economic losses of at least $27 billion each year—over $3,100 per household.1 Real estate losses are projected to cost Floridians $11 billion in 2025; yearly costs to this market may more than double by 2050 to $23 billion. Annual losses to the tourism industry will reach $9 billion in 2025. Losses will increase more than four-fold just 25 years later, reaching $88 billion in 2050.2 According to a new study, a failure to mitigate the effects of climate change could begin to cause serious gross domestic product and job losses within the next several decades. Between 2010 and 2050, it could cost Floridians $146.3 billion in GDP and over 1.2 million jobs.*