Climate change damage could cost $38 trillion per year by 2050, study finds

Raise a Glass to Malbec! Malbec World Day, April 17 | SaltWire #reels #shorts #wine #foodBERLIN - 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.

"The world population is poorer than it would be without climate change," Potsdam climate data researcher Leonie Wenz, a co-author on the study, said."It costs us much less to protect the climate than not to." Its estimation of damage is based on projected temperature and rainfall trends, but does not take into account extreme weather or other climate-related disasters such as forest fires or rising sea levels.

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