Description: Climate change-induced supply chain disruptions forecasted to stagnate global economies over four decades. Economies reliant on manufacturing, notably China and the US, to be hardest hit. Projected net economic loss of $3.75 trillion to $24.7 trillion by 2060 due to climate-induced supply chain disruptions. Increasing global temperatures exacerbate economic losses, with collaboration essential for mitigation and adaptation efforts.
Category: Finance
Tag: supply chains, GDP, climate change on international supply chains, economic losses due to climate change, increased mortality caused by heatwaves, economic impacts, Shared Socioeconomic Pathways, high projected global emissions levels, global temperatures