Similar Stories to Climate Change’s Damage Could Cost About $38 Trillion A Year By 2049 on Bing News

By 2100 the financial cost could hit twice what previous studies estimate. Climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that’s not warming, with the poorest areas and those least responsible for heating the atmosphere taking the biggest monetary hit, a new study said.

Topics:  climate   cost   year   hit   
BING NEWS:
  • One degree temperature rise could slash global GDP by 12%, warns new study
    The study said that the new estimates are higher than previous ones due to the use of new datasets that more accurately reflect changes in global mean temperatures ...
    05/21/2024 - 12:58 am | View Link
  • Climate Change Is Likely to Slash Global Income
    A new study estimates that climate change could cost $38 billion per year, but emissions mitigation and adaptation strategies could limit future damages.
    05/17/2024 - 1:43 am | View Link
  • Newsom administration unveils new $20-billion cost estimate for delta water tunnel
    A new analysis shows that building a California water tunnel would cost $20 billion. State officials say the project's benefits would far outweigh the costs.
    05/16/2024 - 7:15 am | View Link
  • Fuzzy maths on climate change funding fails world’s most vulnerable
    The arithmetic underpinning the global economy is massively out of kilter at a time when the world desperately needs concrete action on climate change. We cannot afford to have leaders clinging to the ...
    05/12/2024 - 9:30 am | View Link
  • Loss and Damage Meeting Shows Signs of Giving Developing Countries a Bigger Voice and Easier Access to Aid
    The first meeting of the board of the new climate finance fund sought to finalize operations and its partnership with the World Bank. But who will pay?
    05/3/2024 - 10:05 pm | View Link
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