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World Bank: Tackling Climate Will Grow the Economy

2014-06-28 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Fighting climate change would help grow the world economy, according to the World Bank, adding up to $2.6 trillion a year to global GDP in the coming decades. The report advances on the work of economists who have argued that it will be far more costly in the long run to delay action on climate change. The findings, made available in a report on Tuesday, offer a sharp contrast with claims by the Australian government that fighting climate change would "clobber' the economy. The report also...

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