Report Details Impact of Climate Change on Inequality
A new report by Stanford University researchers concludes that the poorest countries have become “considerably poorer” because of global warming over the past 50 years, while some of the richest and most polluting nations have benefited from warmer temperatures. For instance, Sudan’s economy is 36 percent smaller today than it would have been without climate change, while Britain’s is 10 percent larger.
How big is the problem? While inequality between nations has generally been decreasing, the Stanford study suggests the gap is 25 percent wider than it would have been without global warming.
Don’t miss OZY’s original series, The New Frontiers of Climate Change.