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    • Climate breakdown threatens economic breakdown
     
    June 8, 2022

    Climate breakdown threatens economic breakdown

    NewsWater

    From the Ecologist

    Climate breakdown impacts could cause damage to the UK equivalent to cutting the size of the economy by at least 7.4 percent by the end of this century, unless there are stronger reductions in global greenhouse gas emissions.

    This is the “stark warming” contained in a report published today (30 May 2022) by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science (LSE).

    A team of researchers in the UK and United States analysed a range of previous studies to estimate the likely consequences of climate change from “catastrophic disruption to the global economic system” and direct effects across nine “impact channels”, including agriculture, livestock and fisheries, drought, flooding and coastal damage.

    Read more

    Access the report here

    Tagged: climate change, economics, greenhouse gas emissions

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