Droughts, storms, and torrential rain in some of the world’s largest economies could cost the global economy $5.6 trillion by 2050, according to a report released on Monday. Heavy rains have caused floods in China and South Korea, as well as disruptions in water and electricity supply in India, while drought has threatened farmers’ harvests… Continue reading Floods, Other Water-Related Disasters Could Cost Global Economy $5.6 Trillion by 2050: Report
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