Study says climate change to shrink global GDP by $38 trillion by 2050
Edited By WION Video Desk
Published: Apr 17, 2024, 20:50 IST | Updated: Apr 17, 2024, 20:50 IST
The world's economy faces a significant threat from climate change. A new study predicts a $38 trillion reduction in global GDP by 2050 due to rising temperatures and extreme weather events. This translates to an average global income loss of 19% compared to a scenario without climate change.
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