Item Link: Access the Resource
Date of Publication: November 7
Year of Publication: 2022
Publisher: Springer Nature
Author(s): Miryam Naddaf
Analysis of the effects of extreme heat shows that low-income, tropical countries have suffered the greatest financial losses.
Climate change has so far cost the global economy trillions of dollars, but low-income countries in tropical regions have borne the brunt of these losses, finds a study that analyzed the economic consequences of heatwaves worldwide over a 20-year period.
The research, published on 28 October in Science Advances1, estimates that the global economy lost between US$5 trillion and $29 trillion from 1992 to 2013, as a result of human-driven global warming. But the effect was worst in low-income tropical nations, leading to a 6.7% reduction in their national income on average, whereas high-income countries experienced only a 1.5% average decrease.
Read the full article here.
The views and opinions expressed through the MAHB Website are those of the contributing authors and do not necessarily reflect an official position of the MAHB. The MAHB aims to share a range of perspectives and welcomes the discussions that they prompt.