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How much is the climate crisis costing and who is paying for it?

Climate change is at the heart of the international community. Its effects are now visible from one end to the other and the experts’ warnings about the costs of the climate crisis are constantly increasing. In a decade to 2019, according to a report by the World Meteorological Organization (WMO), extreme weather events and changes in climate and water resources have caused economic losses estimated at 1.5 trillion dollars. The corresponding size in the 1970s was 184 billion. On the plus side, early warning systems and improvements in disaster management have reduced the number of people lost. But for the cost of the climate crisis and the social impact no solution has been found and the bill is constantly increasing. Extreme phenomena related to climate change are expected to become more frequent and intense in the coming years. In this context, the United Arab Emirates will host the 28th Conference of the Parties to the Convention […]
Source: News Beast

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