Climate impacts 'to cost world $7.9 trillion' by 2050
In general, developing nations faired poorer in terms of resiliency than richer ones.
"When we are already dealing with global inequality, for the impacts of climate change the developing world's challenges are much greater," he added.
Land degradation in Angola would prove a "significant" economic hindrance, the report said, given that agriculture is its largest employer.
The analysis said rising temperatures meant the global economy was projected to hit $250 trillion by 2050, as opposed to $258 trillion with no climate impact.
Melting permafrost -- threatening infrastructure such as hydrocarbon pipelines -- was forecast to be among the biggest drags on Russia's economy in the coming decades.
"The global economy is going to suffer so it's not really a case of act now or act later. We need to do both," said Ferguson.Read more: ABS-CBN News Channel
Climate Change body rushes PH contributions documentThe Climate Change Commission (CCC) is hopeful that the Philippines will be able to submit before the end of the year its updated nationally determined contributions (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC).
Local water scarcity spilling over into global crisis, researchers warn - InteraksyonLONDON — Population growth and climate change are putting increasingly intense pressure on the planet’s limited water supplies, with worsening shortages emerging from the Middle East to Asia and Latin America, researchers and bankers said on Monday. “All the local crises around the world are building up to a global crisis,” Torgny Holmgren, executive director …
PH climate commission work to suffer if placed under new dep't, says chief
25 of the world's most endangered placesThe World Monuments Fund adds 25 culturally important sites to its 2020 World Monuments Watch list of threatened heritage sites with historical significance.
Angelo Young claims 3rd straight Grandmaster victimAngelo Young continues his stunning campaign in the 2019 World Seniors Chess Championships
P50-M SEA Games ‘kaldero’ is ‘Imeldific’ but reasonable — solonAlbay 2nd District Rep. Joey Salceda reasoned that the structure could symbolize the “coming of age” of the Philippines, where there is a strong economy and a “strong government.” BULLSHIT!!! PHILS IS A THIRD WORLD COUNTRY!!! SINK THAT IN YOUR MIND!!! SPLURGING LIKE OTHER FIRST WORLD COUNTRIES IN SPENDING IS NOT A SANE DECISION!!! SPEND MONEY WISELY!!! Me as a history tchr to my students: Ang kaldero na eto ay nagkakahalaga ng P50M para sa SEA Games 2019.Sunod-sunod na lindol at pagbaha ang nangyayari sa Pilipinas ngunit inuna nilang gastusan ang kaldero at isinantabi ang rehabilitation ng mga nalindol at nabahang mamayan. What? Strong economy? Eh tinaxan nyo na lahat.. Pero binawasan nyo yung fund ng DoH, Education sector etc.. Mga wallet nyo lang yata yung nagiging strong.