According to the Guardian on the 16th local time, the British Insurance Registrar's Association analyzed in a report that without urgent action to reduce carbon, the global economy could be hit for 20 years, in the worst case scenario, by 2090.
If global temperatures rise by more than 3 degrees by 2050, it is expected that diseases, malnutrition, and drinking water shortages caused by warming will kill 400,000 people and cause significant socio-political divisions around the world.
He warned that this could lead to the collapse of the ecosystem and the extinction of major organisms due to state failures and capital losses.The
report argued that the assessment of the economic impact of the existing climate crisis was all wrong in that it did not take into account serious impacts such as critical points, rising sea levels, large-scale migration and conflict.
According to the World Meteorological Organization (WMO), the average global temperature over the past year has been more than 1.5 degrees higher than pre-industrial (1850-1900), accelerating the pace of warming.
Given the time difference between carbon emissions and global warming, the report predicts that if emissions are not reduced, warming will intensify.Director Sandy Trust, senior author of the report
said that to date, there is no realistic measure to avoid the scenario predicted by the report.
"The world faces the risk of global bankruptcy, when global systems collapse, leaving humans unable to get the supplies they need to support society and the economy," the Trust director stressed.
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