Published: Jul 23, 2025, 10:59 IST | Updated: Jul 23, 2025, 10:59 IST
A new report by the London School of Economics warns that central banks risk being caught off guard by climate-driven shocks to global labour markets. Even under optimistic scenarios limiting global warming to 1.5 to 2 degrees, the study finds climate change will significantly reduce labour productivity, especially in sectors like agriculture and construction