World economy could lose 18% GDP from climate change if no action taken – Swiss Re

22-04-2021

World economy could lose 18% GDP from climate change if no action taken – Swiss Re

Thierry Léger, group chief underwriting officer, Swiss Re

Climate change poses the biggest long-term threat to the global economy, according to Swiss Re Institute. It said that if no mitigating action is taken, global temperatures could rise by more than 3°C and the world economy could shrink by 18 percent in the next 30 years.


Swiss Re, Climate change, Insurance, Reinsurance, Thierry Léger, Global

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