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Global warming is set to cost the world economy £1.5 trillion in lost productivity by 2030

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Climate change’s costs are still escalating

LONDON, 19 July, 2015 − The massive economic and health losses that climate change is already causing across the world are detailed in six scientific papers published today. Perhaps most striking is the warning about large productivity losses already being experienced due to heat stress, which can already be calculated for 43 countries. The paper estimates that in South-East Asia alone “as much as 15% to 20% of annual work hours may already be lost in heat-exposed jobs”.

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