Post #3986365

2026-04-16 11:26 UTC

"Losses are likely to be more acute in low-and middle-income countries. Many have already seen a 4-12% hit to their income, and this could exceed 20% by 2050. The Grantham Research Institute’s report states that the benefits of investment in climate adaptation projects typically exceed the spend by a rate of 4:1. The report emphasises the importance of investing now, not in the 2040s or 2050s." https://www.edie.net/report-climate-change-to-hammer-incomes-and-government-budgets/

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@CelloMomOnCars@mastodon.social 2026-04-16 11:38

Recalibrating Climate Risk report: "Climate damages are structural and compounding. While economic modelling has traditionally linked damages to changes in global mean temperature, societies and markets experience climate change through local and regional extremes." https://www.preventionweb.net/news/governments-must-fix-faulty-radar-economic-climate-models-storm-approaches-scientists-warn

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