Climate change cuts world GDP
Vancouver Sun: Climate change and pollution related to carbon-dioxide emissions are reducing the world’s gross domestic product by 1.6 per cent a year, about $1.2 trillion, according to a report.
If unchecked, rising temperatures may cut global GDP by 3.2 per cent a year by 2030, according to the Climate Vulnerability Monitor, from by the Madrid-based humanitarian group DARA and the Climate Vulnerable Forum. As the economic impact of climate change grows, so will the cost of curbing it, according to leaders…
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