Climate: Delaying the ecological transition could weigh on the global economy
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According to the Greening Financial System Network, climate change could cause a 15% loss in global GDP by 2050. mintra - stock.adobe.com
In early May, the Banque de France published a groundbreaking model of the effects of global warming on our economies. Among the lessons learned: a single three-year delay in government action, followed by a sudden recovery, could have a significant cost for the global economy.
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