Climate impacts to scythe 18 per cent off global GDP by 2050, Swiss Re warns

Michael Holder
clock • 3 min read
The growing impacts of climate change are on course to cause huge damage to the global economy and livelihoods, research shows
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The growing impacts of climate change are on course to cause huge damage to the global economy and livelihoods, research shows

Insurance giant's stress test of 48 major economies finds climate impacts are on course to make world trillions of dollars poorer

Climate change is on course to slash up to 18 per cent off global GDP by 2050, making the world trillions of dollars poorer if mitigating action is not taken and global temperatures soar to 3.2C above...

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