Climate impacts

Climate impacts

Tuesday, November 12, 2024

The economy will suffer too

A recent open access article in the leading science journal Nature argues that because of climate change, the world economy will suffer an income reduction of at least 19% within the next 26 years, independent of future emission choices. Over the same period, the damage caused will be at least six times as great as the cost of the mitigation measures required (and not being implemented) to limit warming to 2 degrees C. The map above, from the same article, shows where the impacts will be felt.

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