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Ocean acidification to cost global economy $1tr by 2100

2014-10-08 10:41:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Ocean acidification will cost the world economy over $1tr annually by 2100, according to a UN report released this week. Changing the composition of the world's oceans will undermine a variety of commercial operations, it said. Published by the United Nations Convention on Biological Diversity, the report warns that various services to the economy provided by the ocean's ecosystem will be compromised by increased acidity due to increased carbon production. Ecosystem services break down into...

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Weekly Preview: Global Economy In Focus

2014-10-06 04:07:38| Beverages - Topix.net

This week, the global economy will be in focus as central bankers from around the world meet in the US to discuss their policies. European Central Bank President Mario Draghi will also deliver a much anticipated speech which markets will be watching closely for any indication about his plans to implement a quantitative easing program.

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OECD sees global economy held back

2014-09-15 13:27:12| BBC News | Business | UK Edition

A slow recovery among nations using the euro is holding back the global economy, the Organisation for Economic Co-operation and Development says.

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VIDEO: Global pessimism on economy recovery

2014-09-10 01:02:09| BBC News | Business | UK Edition

Pew Research Center finds a mixed but largely pessimistic opinion about the global economic recovery

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World Bank: Fighting Climate Change Would Boost Global Economy Up To $2.6 Trillion Year

2014-06-24 15:17:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: An important new World Bank report concludes that just a few key policies aimed at cutting carbon pollution would boost the global economy. The study "Climate-Smart Development: Adding Up the Benefits of Actions that Help Build Prosperity, End Poverty and Combat Climate Change," looks at the European Union plus Brazil, China, India, Mexico, and the U.S. The Bank finds that if all six embrace three sets of policies for clean transportation plus energy efficiency in industry in buildings, "the annual...

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