Climate change could shave off 3% of world growth over the next 30 years, according to a study from the Economist Intelligence Unit.
Africa, South America and the Middle East are likely to be impacted the hardest by climate change, the report states. This is because they have higher average temperatures and smaller economies in size, making them more vulnerable to the impact of climate change.
However, the United States – the world's largest economy, would not escape to the effects of climate change. "The EIU's climate change model calculates that by 2050, the U.S. economy will be 1.1% smaller than it would have been in the absence of climate change," the EIU report said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Silicon Valley is churning out new paper millionaires. Nearly all are menFour out of five paper millionaires are men, a study finds.
Read more »
Majority want local news but few are willing to pay for it, study findsA vast majority of Americans want access to local news—but only one in five people are willing to pay for it, a new report found.
Read more »
Who can secure the brightest future for British business?In the latest episode of “Money talks”, RainNewtonSmith on which political party has won over British businesses; SKupor of a16z reveals the secrets to success as a venture capitalist; and why the next level for gaming is in the cloud
Read more »
Rihanna and Zendaya Show Their Love for ‘Queen & Slim’ at the Hollywood World PremiereRihanna, Zendaya, Tracee Ellis Ross, Janelle Monáe, and more attended the world premiere of Queen & Slim.
Read more »
Congressional watchdog warns Trump’s EPA that climate change imperils 60% of Superfund sitesAt least 60% of U.S. Superfund sites are in areas vulnerable to flooding or other worsening disasters of climate change, and the Trump administration’s reluctance to directly acknowledge global warming is deterring efforts to safeguard them, a congressional watchdog agency says.
Read more »