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    Climate Damage Costs Could Total $38 Trillion per Year by 2050, Study Finds

    Cemarajaya Village in West Java Province, Indonesia on Jan. 26, 2024. Since 1998 the village has been impacted by sea level rise and flooding, and plantations once owned by the residents have vanished. Aditya Irawan / NurPhoto via Getty Images

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    Founded in 2005 as an Ohio-based environmental newspaper, EcoWatch is a digital platform dedicated to publishing quality, science-based content on environmental issues, causes, and solutions.

    Climate change damage worldwide will cost approximately $38 trillion annually by 2050, according to a new study by Germany’s Potsdam Institute for Climate Impact Research (PIK).

    The impacts will be felt all over the world, but will most affect…

    Read the full article originally published at www.ecowatch.com.

    EcoWatch
    EcoWatchhttps://www.ecowatch.com
    EcoWatch is a community of experts publishing quality, science-based content on environmental issues, causes, and solutions for a healthier planet and life.
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