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IRENA: doubling global share of renewable energy by 2030 could save trillions annually from avoided expenditures on pollution and climate change

2016-03-17 11:56:12| Green Car Congress

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Emissions from Melting Permafrost Could Cost Trillions

2015-09-30 17:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: While rain forests have long scored attention for their role in trapping carbon, discussions concerning the Arctic have centered on whether or not, or how much, we are going to allow companies to drill for oil far up north. Now, scientists are suggesting the Arctic should have renewed focus for another reason: Climate change, accelerated by the melting of permafrost and resulting greenhouse gas emissions, could cost the global economy, in the long run, as much as $43 trillion. This analysis...

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Spread of deserts costs trillions, spurs migrants

2015-09-15 12:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Land degradation, such as a spread of deserts in parts of Africa, costs the world economy trillions of dollars a year and may drive tens of millions of people from their homes, a U.N.-backed study said on Tuesday. Worldwide, about 52 percent of farmland is already damaged, according to the report by The Economics of Land Degradation (ELD), compiled by 30 research groups around the world. It estimated that land degradation worldwide cost between $6.3 trillion and $10.6 trillion a year in lost...

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World loses trillions of dollars worth of nature's benefits each year due to land degradation

2015-09-15 12:00:00| LifeSciencesWorld

[NEWS] To better inform the tradeoffs involved in land use choices around the world, experts have assessed the value of ecosystem services provided by land resources such as food, poverty reduction, clean water, climate and disease regulation and nutrients cycling. Their report today estimates the value of ecosystem services worldwide forfeited due to land degradation at a staggering US $6.3 trillion to $10.6 trillion annually, or the equivalent of 10-17% of global GDP. <…

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Climate Change will Cost Trillions

2015-09-08 17:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Triple Pundit: The economic ramifications of continuing the 20th centurys economic model, where unsustainable extraction and pollution conveys competitive advantage, are coming into sharp focus. Citigroup now projects a staggering $72 trillion global cost tied to man-made climate change during the 21st century. This is an almost incomprehensible scale of economic damage that is equal to losing four years of the United States entire gross domestic product. The agriculture and food manufacturing industries also...

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