The cost of Rising Temperatures

global warming 3

Climate change and the rising global temperatures associated with it are expected to cost trillions over the coming years.

According to UN research, $A2.63 trillion will be lost due to the decline in productivity caused by rising temperatures. In some parts of the globe it will become unbearable to work in the heat.

Many Asian countries will be affected and will experience a decline in their GDP including China, India, Malaysia, Indonesia and Bangladesh.

The number of natural disasters we see taking place around the world is also expected to continue rising, affecting productivity and costing trillions.

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