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Searched Tag: economic risks of climate change

Wealthy face growing climate risks, poorest still suffer

Wealthy face growing climate risks, poorest still suffer

September 17, 2024, 10:11 AM - 3 min read

According to a recent study, the risk of economic impacts from climate change is increasing rapidly for the wealthy due to its effects on global supply chains and goods and services, while the most vulnerable continue to be the poorest people worldwide.

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In the next 20 years, climate change will increase economic risks from erratic weather. The highest risks remain with the poorest around the world. But the increase of economic risk is strongest for the wealthy, in countries like the US and the European Union, researchers say.

Rich facing climate change risks, poor worse off: Study

September 16, 2024, 10:45 PM - 3 min read

In the next 20 years, climate change will increase economic risks from erratic weather. The highest risks remain with the poorest around the world. But the increase of economic risk is strongest for the wealthy, in countries like the US and the European Union, researchers say.

Read more

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