Climate Change - Economic Growth

Report: Climate change may pose threat to economic growth

October 30, 2013 - Nearly a third of the world's economic output will come from countries facing "high" to "extreme" risks from the impacts of climate change within 12 years, according to a new report.

The Climate Change Vulnerability Index, an annual report produced by UK-based risk analysis firm Maplecroft, found that climate change "may pose a serious obstacle to sustainable economic growth in the world's most commercially important cities."

The index ranked the vulnerability of the world's countries, and the 50 cities deemed most economically important, to the impacts of climate change, by evaluating their risk of exposure to extreme climate events, the sensitivity of their populations to that exposure and the adaptive capacity of governments to respond to the challenge. read more>>>