Climate Change is Already Damaging Global Economy
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 percent annually from global GDP, according to a new study. 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. 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.
