Reposted by Monika Kasper
🚨NEW: climate inaction will cost more than a third of global GDP this century, but an investment of less than 2% GDP now will reduce harms by 90% - a "massive opportunity for humanity", finds a report from Boston Consulting Group and University of Cambridge.
forbes.com
Climate Inaction Could Cost 1/3 Of Global GDP This Century, BCG Warns
The Big 3 consulting firm finds that most harms come from productivity losses, but also reveals how nations could avoid 90% of climate damage.