Climate Change Costs the World 12% in GDP Losses for Every 1°C of Warming, Report Says

EcoWatch
By Paige BennettMay 22, 2024, 1:36 pm168 pts
A new report on the macroeconomic effects of climate change has estimated that these damages are as much as six times larger than previous estimates. According to the report, each 1 degree Celsius increase in global temperature can be linked to a 12% decline in global gross domestic product (GDP). The report,…

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