Global economy, Business, Economics, Extreme weather, World news, Climate crisis, Environment Business | The Guardian
US suffered greatest economic losses, report commissioned by International Chamber of Commerce finds, followed by China and IndiaViolent weather cost the world $2tn over the past decade, a report has found, as diplomats descend on the Cop29 climate summit for a tense fight over finance.The analysis of 4,000 climate-related extreme weather events, from flash floods that wash away homes in an instant to slow-burning droughts that ruin farms over years, found economic damages hit $451bn across the past two years alone. Continue reading…
US suffered greatest economic losses, report commissioned by International Chamber of Commerce finds, followed by China and India
Violent weather cost the world $2tn over the past decade, a report has found, as diplomats descend on the Cop29 climate summit for a tense fight over finance.
The analysis of 4,000 climate-related extreme weather events, from flash floods that wash away homes in an instant to slow-burning droughts that ruin farms over years, found economic damages hit $451bn across the past two years alone.
