Global GDP loss from climate change will increase exponentially the warmer the planet gets when its cascading impact on global supply chains is factored in, finds a new study. Global GDP loss from climate change will increase exponentially the warmer the planet gets when its cascading impact on global supply chains is factored in, finds a new study led by UCL researchers.
, is the first to chart"indirect economic losses" from climate change on global supply chains that will affect regions that would have been less affected by projected warming temperatures. These previously unquantified disruptions in supply chains will further exacerbate projected economic losses due to climate change, bringing a projected net economic loss of between $3.75 trillion and $24.7 trillion in adjusted 2020 dollars by 2060, depending on how much carbon dioxide gets emitted. Senior author Professor Dabo Guan (UCL Bartlett School of Sustainable Construction) said:"These projected economic impacts are staggerin