G7 Economies Threatened To Lose Up To $4.8 Trillion Due To Climate Change

  • Date: 09-Jun-2021
  • Source: Al Bawaba
  • Sector:Economy
  • Country:Middle East
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G7 Economies Threatened To Lose Up To $4.8 Trillion Due To Climate Change

This figure equivalent to $4.8 trillion, according to Oxfam's analysis of research by the Swiss Re Institute.

The study came ahead of a G7 summit in Cornwall, the UK. G7 consisting of Canada, France, Germany, Italy, Japan, the UK, and the US.

"We are calling on G7 leaders, who are meeting in the UK later this week, to cut carbon emissions more quickly and steeply," the international charity warned.