Climate change: 14 million deaths and 12 thousand billion in losses in danger by 2050 | EUROtoday

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Climate change could cause financial losses of 12,500 billion {dollars} and 14.5 million deaths by 2050, based on a report by the World Economic Forum, launched in Davos on 16 January. The results of worldwide warming disproportionately have an effect on the poorest international locations and essentially the most weak sections of the inhabitants: the local weather disaster will subsequently worsen international inequalities.

Extreme occasions

The report, produced in collaboration with Oliver Wyman, analyzed six important classes of local weather occasions: floods, droughts, warmth waves, tropical storms, fires and sea degree rise. Extreme climate occasions, set to turn into more and more extreme and frequent as international temperatures rise. 2023 was the warmest yr in historical past and 2024 might break this document.

The highest danger, by way of mortality, is represented by floods: based on the research, they might trigger 8.5 million deaths by 2050.

Drought, not directly linked to excessive warmth, is the second main reason behind mortality (3.2 million deaths).

The biggest financial value, nonetheless, is that of warmth waves: 7,100 billion {dollars} wasted because of the lack of productiveness that these occasions could cause.