a recent nature study expecting more severe hurricanes from global warming still found that damages would halve from 0.04 per cent to 0.02 per cent of global gdp, because the increased ferocity would be more than made up by increased prosperity and resilience.
a recent nature study expecting more severe hurricanes from global warming still found that damages would halve from 0.04 per cent to 0.02 per cent of global gdp, because the increased ferocity would be more than made up by increased prosperity and resilience.
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nevertheless, one recent study has found that potential global economic gains if countries implement mitigation strategies to comply with the 2°c target set at the paris agreement are in the vicinity of us$17,000 billion per year up to 2100 compared to a very high emission scenario.