Global GDP seen taking much bigger climate hit than first feared

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The Network for Greening the Financial System stresses the urgency of immediate action, including a significant increase in carbon pricing, to mitigate these severe economic risks and achieve net-zero emissions targets.

The economic cost of climate change will likely be much more severe than previously feared, as fresh data informs models used to predict the most probable outcomes.US will make history.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaSaudi Arabia

Topics: Net Zero by 2050 Global GDP Climate change impact on GDP GDP Global economic cost of climate change

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 09:34:34 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 848 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23441517

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 2 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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