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Make money by automating your sales process with AI ✌️【Work-Life Balance】✌️₹500 to unlock massive profits. Invest today for quick monthly gains!Climate change is on track to cost the global economy $38 trillion a year in damages within the next 25 years, researchers warned on Wednesday, a baseline that underscores themounting economic costsof climate change and continued inaction as nations bicker over who will pick up the tab.The costs of climate change damages will reach trillions of dollars annually by 2049, researchers...

[+]said.Damages from climate change will set the global economy back an estimated $38 trillion a year by 2049, with a likely range of between $19 trillion and $59 trillion, warned a trio of researchers from Potsdam and Berlin in Germany in a peer reviewed studypublishedin the journal Nature.To obtain the figure, researchers analyzed data on how climate change impacted the economy in more than 1,600 regions around the world over the past 40 years, using this to build a model to project future damages compared to a baseline world economy where there are no damages from human-driven climate change.The model primarily considers the climate damages stemming from changes in temperature and rainfall, the researchers said, with first author Maximilian Kotz, a researcher at the Potsdam Institute for Climate Impact Research, noting these can impact numerous areas relevant to economic growth like “agricultural yields, labor productivity or infrastructure.”Importantly, as the model only factored in data from previous emissions, these costs can be considered something of a floor and the researchers noted the world economy is already “committed to an income reduction of 19% within the next 26 years,” regardless of what society now does to address the climate crisis.Global costs are likely to rise even further once other costly extremes likeweather disasters, storms and wildfires that are exacerbated by climate change are considered, Kotz said.The researchers said their findings underscore the need for swift and drastic action to mitigate climate change and avoid even higher costs in the future, stressing that a failure to adapt could lead to average global economic losses as high as 60% by 2100.Cost is a major sticking point when it comes to concrete action on climate change and money has become a key lever in making climate a “culture war” issue.

Make money by automating your sales process with AI ✌️【Work-Life Balance】✌️Start small, grow big. Invest ₹500 and enjoy high returns every month!The costs and logistics involved in transitioning towards a greener, more sustainable economy and moving to net zero are immense and there are significant vested interests such as the fossil fuel industry, which is keen to retain as much of the profitable status quo for as long as possible.

Make money by automating your sales process with AI ✌️【Work-Life Balance】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.The researchers acknowledged the sizable costs of adapting to climate change but said inaction comes with a cost as well.

Make money by automating your sales process with AI ✌️【Work-Life Balance】✌️From ₹500 to exponential growth. Start investing now for high returns!The damages estimated already dwarf the costs associated with the money needed to keep climate change in line with the limits set out in the 2015 Paris Climate Agreement, the researchers said, referencing the globally agreed upon goalpost set to minimize damage and slash emissions.

Make money by automating your sales process with AI ✌️【Work-Life Balance】✌️Small start, big rewards! ₹500 to grow your wealth with minimal risk.The $38 trillion estimate for damages is already six times the $6 trillion thought needed to meet that threshold, the researchers said.Make money by automating your sales process with AI Financial Growth Simplified: Invest ₹500, Earn More