Climate change threatens around half of world GDP, says WEF study

An analysis of 163 industry sectors and their supply chains found that over half of the world's GDP is moderately or highly dependent on nature and its services

Flagging huge risks to the economy from dangers of biodiversity loss and climate change, a WEF study on Sunday said businesses are more than dependent on nature with an estimated exposure of $44 trillion or half of the world GDP.
 

Releasing the Nature Risk Rising Report ahead of its 50th Annual Meeting, the World Economic Forum said about 25 per cent of our assessed plant and animal species are threatened by human actions, with a million species facing extinction, many within decades. China, the EU and the US have the highest absolute economic value in nature-dependent industries.
 

An analysis of