FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford
ZURICH (Reuters) - The global economy could lose nearly a fifth of economic output by 2050 should the world fail to check climate change, with Asia particularly at risk, a study released by reinsurer Swiss Re on Thursday found.
The report https://www.swissre.com/media/news-releases/nr-20210422-economics-of-climate-change-risks.html from the Swiss Re Institute said output could be 18% lower than in a world without climate change if no mitigating actions are taken and temperatures rise by 3.2 degrees Centigrade.
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