Climate risk: Lloyd's of London warns extreme weather could incur $5tr of economic losses over five years

Cecilia Keating
clock • 2 min read
Credit: iStock
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Credit: iStock

Fresh modelling highlights huge financial risks of failing to tackle escalating climate risks

Extreme weather events could result in around $5tr of economic losses over five years as crops fail and water and food shortages escalate, insurer Lloyd's of London has warned. A new data tool released...

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Cecilia Keating
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