Escaping climate disaster 'affordable', says report

It is possible to maintain global warming below 2°C at an overall cost of less than 1% of global GDP if swift action is taken across different sectors, a study published Monday (26 January) by consulting firm McKinsey showsThe consulting firm estimates that €530 billion will need to be invested across the world by 2020 to reduce emissions to 70% below "business as usual" and avoid dangerous levels of global warming. Overall, €810 billion would need to be invested by 2030 to to avoid ...

Developed by Codecraftsman