The insurance firm Swiss Re projects climate disasters would cost the world as much as $23 trillion by 2050, bigger than the impact from the pandemic and the Great Recession of 2009 combined.
Ireland’s Prime Minister has warned that the country is facing a “new era” of higher fossil fuel prices after EU leaders agreed to ban most Russian oil imports.
The enormous potential cost of protecting and restoring a U.S. coastal town due to rising sea levels could serve as an example of the consequences of climate change, according to a new study.
