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Weather-Related Disasters Pose a Growing Threat to US Economic Prowess /
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2024-05-11 08:01:09

Weather-Related Disasters Pose a Growing Threat to US Economic Prowess on Nostr: The Economic Impact of Severe Weather-Related Disasters and Climate Change on the US ...

The Economic Impact of Severe Weather-Related Disasters and Climate Change on the US and Global Economy
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#c5e4196b ver:0.15

Severe weather-related disasters have cost the US economy $97 billion, equivalent to 0.4% of its GDP. Rising global temperatures have increased the frequency and severity of these events, leading to skyrocketing insurance costs and a worsening housing crisis. The economic damage caused by climate change could dent the global economy by 19% over the next 25 years, with projected annual damages of $38 trillion by 2049. South Asia and Africa will be hit the hardest. Urgent adaptation measures are needed to mitigate these losses. #ClimateChange #EconomicImpact...

#newstr #SevereWeather #Disasters #ClimateChange #EconomicImpact #AdaptationMeasures #InsuranceCosts #HousingCrisis #GlobalEconomy #Geoengineering #CarbonEconomy #FossilFuels #EconomicInterests

https://here.news/story/c5e4196b?ver=0.15
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