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Weather-Related Disasters Pose a Growing Threat to US Economic Prowess /
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2024-05-22 01:59:00

Weather-Related Disasters Pose a Growing Threat to US Economic Prowess on Nostr: The Devastating Impact of Climate Change on the Global Economy Could Be Six Times ...

The Devastating Impact of Climate Change on the Global Economy Could Be Six Times Worse Than Previously Calculated
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#c5e4196b ver:0.18

The devastating impact of climate change on the global economy could be six times worse than previously calculated. Severe weather-related disasters have already cost the US nearly 0.4% of its GDP, equivalent to $97 billion. Rising global temperatures have increased insurance costs and worsened the housing crisis. The projected annual damages worldwide by 2049 are estimated to be $38 trillion, with South Asia and Africa being hit the hardest. The global economy could be 31% poorer by the end of the century due to climate change. Urgent action is needed to mitigate these economic consequences. #ClimateChange #EconomicImpact...

#newstr #ClimateChange #EconomicImpact #GlobalTemperature #CarbonEmissions #Decarbonisation #War #Gdp

https://here.news/story/c5e4196b?ver=0.18
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