TS.C.10.4 Potential socioeconomic futures, in terms of population, economic development and orientation towards growth, vary widely and these drivers have a large influence on the economic costs of climate change . Higher growth scenarios along higher warming levels increase exposure to hazards and assets at risk, such as sea level rise for coastal regions, which will have large implications for economic activities, including shipping and ports . The high sensitivity of developing economies to climate impacts will pose increasing challenges to economic growth and performance, although projections depend as much or more on future socioeconomic development pathways and mitigation policies as on warming levels . 
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report