World economy may lose $2 trillion in a year due to global warming
Finance
- 20 July, 2016
- 08:20
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 20 July. REPORT.AZ/ Rising temperatures caused by climate change may cost the world economy over $2trillion in lost productivity by 2030 as hot weather makes it unbearable to work in some parts of the world, Report informs citing the Independent.
It showed that just in Southeast Asia, up to 20 percent of annual work hours may already be lost in jobs with exposure to extreme heat - with the figures set to double by 2050, as the effects of climate change deepen.
Across the globe, 43 countries will see a fall in their gross domestic product (GDP) due to reduced productivity, the majority of them in Asia including Indonesia, Malaysia, China, India and Bangladesh.
Latest News
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy
23:11
Georgia seeks role in China-Kyrgyzstan-Uzbekistan transport route
Region
22:34
Education authorities inspect dress-code compliance in Baku schools
Education and science
22:15
Photo
Azerbaijani photo club continues 'landmine-free world' campaign in Sarajevo
Foreign policy
21:59
Shaffer: Military outcome paved way for Armenia-Azerbaijan peace
Foreign policy
21:31
29 foreign ministers accuse Iran of hostile hybrid activities
Other countries