A buoy on the banks of the partially dry Lake Montbel at the foot of the Pyrenees Mountains, in France, on March 13, 2023.Damage to farming, infrastructure, productivity, and health from climate change will cost an estimated $38-trillion per year by 2050, German government-backed research finds, a figure almost certain to rise as human activity emits more greenhouse gases.
It calculates climate change will shave 17 per cent off the global economy’s GDP by the middle of the century. While previous studies have concluded climate change could benefit some countries’ economies, PIK’s research found almost all would suffer – with poor, developing nations the hardest hit. As well as spending too little to curb climate-warming emissions, governments are also under-spending on measures to adapt to the impact of climate change.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: LegInsurrection - 🏆 3. / 95 Read more »
Source: CBCToronto - 🏆 51. / 61 Read more »