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Weather-Related Disasters Pose a Growing Threat to US Economic Prowess /
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2024-05-23 02:04:52

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:0.19

The economic impact of climate change could be six times worse than previously estimated, with severe weather-related disasters already costing the US nearly 0.4% of its GDP. Rising global temperatures are increasing the frequency and severity of these events, leading to skyrocketing insurance costs and worsening housing crises. A study predicts a 19% dent in the global economy over the next 25 years, with South Asia and Africa being hit the hardest. Climate change could reduce the value of the global economy by almost one-third, and a 1°C rise in temperature causes a 12% decrease in global GDP. Urgent action is needed to mitigate these devastating economic consequences. #ClimateChange #EconomicImpact #AdaptationMeasures...

#newstr #ClimateChange #GlobalWarming #EconomicCosts #Resilience #Adaptation #FossilFuels

https://here.news/story/c5e4196b?ver=0.19
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