Last edited 25 Aug 2022

Income

AR5 Climate Change 2014: Impacts, Adaptation, and Vulnerability, Glossary, published by the Intergovernmental Panel on Climate Change (IPCC) defines income as: ‘The maximum amount that a household, or other unit, can consume without reducing its real net worth. Total income is the broadest measure of income and refers to regular receipts such as wages and salaries, income from self-employment, interest and dividends from invested funds, pensions or other benefits from social insurance, and other current transfers receivable.’

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