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
Paving the path towards a global plastics treaty
Nation-state delegates took a historic step toward a new global plastics pact in an inspirational display of determination. This undertaking, described as the most ...
Read MoreEcuadorians take a stand and vote to save the heart of the Amazon from oil dr...
Ecuadorians made history by voting to prohibit the development of new oil wells in the Yasuní national park, in a resounding display of environmental consciousness ...
Read MoreUnleashing the power of joy lists
In their quest to break away from life's monotony, many people have discovered the transforming concept of a pleasure list. The joy list is ...
Read MoreThe science behind laughter in babies and children
Children's laughter is frequently interpreted as a simple display of joy, but scientific research reveals a deeper meaning lies beyond the surface. Contrary to ...
Read More
