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

OpenBiome offering $13,000 per year for donating poop

A non-profit organization, OpenBiome has said that it will offer $13,000 per year to people for donating their poop in a year.

OpenBiome has been collecting, processing and shipping loads of poop all over the country. The frozen stuff is administered to patients who suffer serious health issues due to infections that are caused by...

Most Popular

ISS gets payloads featuring a new laser, fruit flies and some worms

The astronauts at the International Space Station (ISS)...

England’s Major Hospitals refuse to Sign off Annual Budget deal with NHS

England's biggest hospitals have refused to sign off a...

Delaware to Adopt Digital Driver’s Licenses

According to a report from Wilmington's News Journal,...

Researchers test if costly drugs are more effective

A team of researchers have conducted a study to check if...

Poll

Can Greece Come out of Economic Problems: