Climate Problems Threaten to Cost the Global Economy Around 1.4 Trillion Euros in the Next 25 Years, Reports The World Economic Forum (WEF). The Organization Calls on Companions to take Measures Now to Limit Losses.
The Biggest Blows Will Fall in Sectors Such as food and agriculture, Healthcare, and Construction, The Wef States. For Example, A Heatwave in Agriculture Can Lead to Losses of Around 673 Billion Euros Due to Failed Harvests.
Construction workers can also Miss Out on a lot of money due to extreme weather conditions, because they cannot work king heatwaves, for example. The Wef Calculated that this occupational Group Could Miss Out on 519 Billion Euros in Income Worldwide in the next 25 years.
Healthcare is also hard. This is due to rising illness and insurance costs. Heatwaves and Air Pollution Cause An Increase in the Number of Patients, Making Work in Hospitals More Difficult and Expensive.
The Wef Emphasizes That Companies Must Put the Health of Their Employees First. By Investing Now in Measures Such as Climate-Resistant Crops and Better Protection of Workers, Organizations Can Limit Losses, The Wef States.