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
Thinking like a Norwegian may help you cope with a winter lockdown
If you’re fearing another lockdown in the oncoming winter, then you might want to start thinking as Norwegians do in the northern city of ...
Read MoreThis novel drug instructs drug-resistant malaria to self-destruct
Drug-resistant pathogens have been a growing concern in this world for the past few decades. Thankfully, scientists are coming up with innovative solutions to ...
Read MoreShopping cart handles are an unexpected ally in the fight against heart arrhy...
Liverpool John Moores University researchers fitted a device into the handles of shopping trolleys to monitor for atrial fibrillation (AF), a common heart arrhythmia ...
Read MoreTikTok’s ban on beauty filters for teens is a step toward safer social ...
BY THE OPTIMIST DAILY EDITORIAL TEAM In an era where social media often sets the tone for beauty standards, TikTok’s decision to restrict beauty ...
Read More
