The climate crisis could knock more than one-third off the world’s potential gross domestic product (GDP) by the end of the century, a new report has claimed.
Researchers from several top global universities said the economic cost of carbon emissions could be about six times higher than previously thought because of the “persistent” effects of wildfires and other symptoms of global heating.
Experts from Cambridge University, Imperial College London and University College London contributed to the paper, plus others in Switzerland, Austria, Germany and the US.
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