Climate change costs already top $1tr - and are set to spiral

BusinessGreen staff
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NGO sets out economic case for addressing climate change, warning world will lose 3.6 per cent of GDP a year by 2030 with no action

Inaction on climate change already costs the world economy 1.6 per cent of global GDP - approximately $1tr a year - and cost are likely to double to 3.6 per cent of GDP by 2030 if governments and businesses...

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