04-18-2024
$38 trillion per year in economic losses expected due to climate changeClimate change is no longer a distant threat. The economic impacts are already being felt globally, and substantial new studies quantify the financial risks associated with a warming planet. If left unchecked, climate change could severely destabilize national and global economies by reducing Gross Domestic Product (GDP). Climate change and GDP Let's be absolutely clear on one thing: Doing nothing about climate change is not an affordable option. ETH Zurich researchers determined that a 37.4 °Fahrenheit (3ºC) increase in average global temperatures could significantly reduce worldwide...
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