Climate change is costing Germany and other G20 countries billions of dollars

Climate change has dire consequences for Germany and its economy. Without a sharp reduction in greenhouse gases, the Federal Republic and other G-20 countries face new heat waves, droughts, wildfires, and floods that will lead to significant financial losses. This is the result A study by the Italian Center for Euro-Mediterranean Research on Climate Change (CMCC)carried out on behalf of the European Climate Foundation.

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