Economic Impact of Climate Change: A New Perspective

March 30, 2025

The economic impact of climate change is emerging as a critical concern for policymakers and economists alike, with recent studies revealing that the potential costs may far exceed earlier estimates.As global temperatures rise, the repercussions on productivity and economic stability are predicted to be severe, with research indicating that a further increase of just 1°C could lead to a staggering 12% reduction in global GDP.
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