Climate change impacts are expected to be unevenly distributed across locations and population groups. However, to date, evidence on the effects of warming on within-country inequality remains limited. In this paper, we test the relationship between gradual warming (i.e., climate change) and long-run distributional dynamics within countries, using a global panel dataset over the period 1955–2015. We find that warming increases overall income inequality, as well as the concentration of income at the top of the income distribution. We also show that these effects persist over time. We complement our main findings with an exploratory analysis of the relationship between warming and several additional dimensions of inequality, including the concentration of wealth, inequality in the spatial distribution of economic activity within countries, and measures of inequality in life expectancy. Overall, our analysis presents a rich picture of the far-reaching distributional effects of global warming.