Study: Maritime trade faces $122bn risk from extreme climate events

clock • 2 min read
Study: Maritime trade faces $122bn risk from extreme climate events

Cross-border cooperation needed to mitigate predicted loss of more than $122 billion in economic activity due to climate change impact on ports, new research finds

Disruption to shipping ports and supply chains caused by extreme climate events poses a multi-billion-dollar risk to global trade, a new paper by the University of Oxford has warned. More than $122bn...

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