Climate change could cut the value of the world’s financial assets by $2.5tn (£1.7tn), according to the first estimate from economic modelling. In the worst case scenarios, often used by regulators to check the financial health of companies and economies, the losses could soar to $24tn, or 17% of the world’s assets, and wreck the global economy. The research also showed the financial sense in taking action to keep climate change under the 2C danger…
Climate change will wipe $2.5tn off global financial assets: study
More of Today's Solutions
Australia is on track to eliminate a form of cancer entirely
BY THE OPTIMIST DAILY EDITORIAL TEAM For the first time in history, a country is on the verge of eliminating a form of cancer ...
Read MoreNew research explains why your dreams feel so strange
BY THE OPTIMIST DAILY EDITORIAL TEAM There is something that happens in a dream that never happens anywhere else. A familiar place, a workplace ...
Read More‘Strange metal’ may be the future for a more energy efficient world
Strange metal behavior was first noticed around 30 years ago. These materials are composed of copper-oxides and carry the properties of being high-temperature superconductors. ...
Read MoreA £5 blood test could help prevent thousands of heart attacks and strokes, st...
BY THE OPTIMIST DAILY EDITORIAL TEAM A modest £5 ($6.30) blood test could be the key to preventing thousands of heart attacks and strokes, ...
Read More
