The report looked at “major,” “severe,” and “extreme” scenarios. The authors found that the “major” case would cost the world $3 trillion over a five-year period, which they estimated has a 2.3% chance of happening per year. Over a 30-year period, those odds equate to about a 50% probability of occurrence — assuming the risks are not increasing each year, which they are.
IMHO increasing food insecurity across the globe will be one of the major issues driven by climate change. If crops fail repeatedly it is not gonna go well for society.
Every society is three meals away from chaos. I guess that’s still valid.