Study: Annual climate losses rise 10-fold this century to $1.4tr last year

James Murray
clock • 4 min read
Study: Annual climate losses rise 10-fold this century to $1.4tr last year

BloombergNEF analysis shows UK, Singapore, Canada, and Japan among those best prepared for worsening climate impacts, but global risks are rising fast

The physical impacts of climate change cost the global economy at least $1.4tr last year and have risen 10-fold since the turn of the century, according to a major new analysis from BloombergNEF (BNEF)....

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