Reported about 1 year ago
Climate change has intensified heat waves, with extreme high temperatures prompting alerts from the US Midwest to the Northeast this week, breaking records in cities like Boston. Studies show that the global economy may suffer huge losses from extreme heat waves, posing risks to both human health and the economy. Experts warn that as climate change worsens, the economic impact of extreme heat waves will continue to rise, affecting productivity and leading to significant financial losses. Recent analysis also highlights the disproportionate impact on different regions based on wealth, with lower-income areas experiencing greater GDP losses compared to higher-income regions.
Source: YAHOO