Inaction on Climate Change Could Cost the World’s Economy $178 Trillion by 2070

report on insurers climate change disclosures

A new report from the Deloitte Center for Sustainable Progress (DCSP) released today during the World Economic Forum’s annual meeting indicates that—if left unchecked—climate change could cost the global economy $178 trillion over the next 50 years, or a 7.6% cut to global gross domestic product (GDP) in the year 2070 alone. If global warming… Continue reading Inaction on Climate Change Could Cost the World’s Economy $178 Trillion by 2070