According to a new study, current environmental degradation trends will result in large economic losses in the coming decades, disproportionately affecting the poorest countries. But there is some good news: investing in nature can turn those losses into profits.
Over two million deaths and USD4.3 trillion in economic losses; that's the impact of a half-century of extreme weather events turbo-charged by man-made global warming, the World Meteorological Organization (WMO) said on Monday.
The benefits--including avoided economic losses from climate change, as well as improved health thanks to cleaner air--are achievable through targeted policy reforms, according to the Asian Development Outlook Thematic Report: Asia in the Global Transition to Net Zero, released today.
The report highlighted how climate change impacts are wreaking an ever-increasing human, financial and environmental toll, worsening food insecurity and poverty and holding back sustainable development. The report also painted a worrying scenario for future water stress.
Kathmandu [Nepal], October 7 (ANI): After facing heavy losses, Nepal Airlines has decided to sell five of its Chinese-made aircraft as nobody wants to lease them.
Islamabad [Pakistan], September 27 (ANI): While Pakistan at UNGA recently urged the international communities to help it with economic losses amid the unprecedented flooding, which is estimated to be USD 28 billion, on the other hand, it recently received F-16-related equipment from the Unit
Washington [US], September 22 (ANI/PRNewswire): Today, the Adrienne Arsht-Rockefeller Foundation Resilience Center at the Atlantic Council released "Hot Cities, Chilled Economies: Impacts of Extreme Heat on Global Cities," a new report detailing the social and economic effects of climate-dri
Islamabad [Pakistan], September 10 (ANI): The estimated economic loss due to the unprecedented floods in Pakistan has neared around USD 18 billion, an increase from USD 12.5 billion estimated earlier, as calculated by the Centre and endorsed by the provinces.
Beijing [China], July 21 (ANI): China's direct economic losses from natural disasters amounted to 88.81 billion yuan, about USD 13.13 billion, in the first half of 2022, the Ministry of Emergency Management said Thursday.