Could climate change really blow a $2.5tn hole in the global economy? Or could the impact be far worse?

clock • 6 min read

Grantham Institute research estimates almost two per cent of the world's financial assets could be wiped out by 2100

The level of climate change that is likely to occur in the coming decades is inherently difficult to predict, and its precise, widespread impacts are even harder to gauge. Nevertheless the past few years...

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