Climate crisis to shrink G7 economies twice as much as Covid-19, says research

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Climate crisis to shrink G7 economies twice as much as Covid-19, says research
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G7 countries will lose $5tn a year by 2050 if temperatures rise by 2.6C

Activists from climate action group Ocean Rebellion set a boat on fire during a demonstration ahead of the G7 summit in Cornwall.Activists from climate action group Ocean Rebellion set a boat on fire during a demonstration ahead of the G7 summit in Cornwall.The economies of rich countries will shrink by twice as much as they did in the Covid-19 crisis if they fail to tackle rising greenhouse gas emissions, according to research.

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