Climatic Changes Affecting World GDP

Climatic Changes Affecting World GDP

Temperature rises are concerning one and all. While previously, these were being attributed to disastrous events like heavy rainfall, droughts, heat waves or even retreat of glaciers. It is now being said by the Climate Vulnerability Monitor that these are having a worse impact on gross domestic product of the world.

It has been found that carbon-dioxide emissions, which are leading to pollution and climate change, have brought GDP of the US to about $1.2 trillion with 1.6% cuts in the World’s GDP. Also, the same go down by almost 3.2% by 2030.

More than five million deaths caused in 2010 were seen because of climate change as air pollution was partly responsible and hunger and diseases were amongst other causes. It is being warned that further climatic changes may result in difficulty in curbing the cost of managing economic impact

However, a few people say that the loss faced by some small islands is seen in the wake of side effects caused due to development process. Besides, developing countries would suffer the most with low-income states like Bangladesh having fewer natural resources and high population density.

"What is possible with $100 billion today will cost 10 times more in 2030”, said Sheik Hasina Wajed, Bangladesh Prime Minister.


FrenchTribune Specials

Arctic warming twice as fast as average rise on rest of planet

A recent survey conducted on Arctic has revealed that north of polar region is warming twice as fast as the average rise for the rest of the planet.

The scientists from more than 60 scientists in 13 countries compiled a 2014 Arctic Report Card, which was released Wednesday by the National Oceanic and Atmospheric Administration (NOAA)....

Most Popular

Scientists develop 'bionic bra' that adjusts to breast rhythm

A team of scientists have developed a new 'bionic bra'...

Eurostar Services between London and Brussels Cancelled Due to 24-hour-long Stri

It has been reported that all the Eurostar services,...

Astronaut Chris Hadfield to arrive in Scotland

Commander Chris Hadfield, a retired Canadian astronaut,...

Salt Consumption Safer Than Sugar: Research

As per a new research, sugar can be more hazardous to...

Poll

Can Greece Come out of Economic Problems: