Climate Change Costing World Over $1 Trillion Yearly – Report

Climate change is already contributing to the deaths of nearly 400,000 people a year and costing the world more than $1.2 trillion, wiping 1.6% annually from global GDP or Gross Domestic Production, according to a new study, reports Fiona Harvey at the UK Guardian.  The impacts are being felt most keenly in developing countries, according to the research, where damage to agricultural production from extreme weather linked to climate change is contributing to deaths from malnutrition, poverty and their associated diseases. Entitled Climate Vulnerability Monitor: A Guide to the Cold Calculus of A Hot Planet the report was written by more than 50 scientists, economists and policy experts, and commissioned by 20 governments. Air pollution caused by the use of fossil fuels is also separately contributing to the deaths of at least 4.5 million people a year, the report found. By 2030, the researchers estimate, the cost of climate change and air pollution combined will rise to over 3% of global GDP, with the world’s least developed countries forecast to bear the brunt, suffering losses of up to 11% of their GDP.

Join the swelling numbers of voters telling Congress they’ll VOTE for Clean Energy candidates here: http://signon.org/sign/we-are-the-clean-99?source=c.em.cp&r_by=487176 then please – spread the word. This is how YOU can make a difference.

Source

Climate change is already damaging global economy, report finds. Climate change is already contributing to the deaths of nearly 400,000 people a year and costing the world more than $1.2 trillion, wiping 1.6% annually from global GDP, according to a new study. The Guardian http://www.guardian.co.uk/environment/2012/sep/26/climate-change-damaging-global-economy?newsfeed=true

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About melharte

Mel (Mary Ellen) Harte is a biologist (PhD) and climate change educator. She co-authored the free online book, COOL THE EARTH, SAVE THE ECONOMY, available at www.CoolTheEarth.US, and writes the CLIMATE CHANGE THIS WEEK column at the HuffingtonPost. Living summers in the alpine Rockies, she is on the frontlines of watching what climate change can do. Her diagnostic digital photographs of wildflowers have appeared in numerous publications.
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