Economic Impact of Climate Change: New Alarming Forecasts
March 29, 2025
The economic impact of climate change is becoming undeniably profound, as new studies reveal staggering projections that indicate the cost of climate change is far greater than previously thought.With temperatures escalating by 1°C compared to pre-industrial levels, macroeconomists are now predicting that every additional degree could result in a shocking 12 percent decline in global GDP.
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