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CNBC: Developing economies reliant on agriculture are more exposed to climate risks

 

According to a study by Dr Kamiar Mohaddes, University Senior Lecturer in Economics & Policy at Cambridge Judge Business School, an increase in average global temperature by 0.04 degrees Celsius per year will reduce world real GDP per capita by around seven per cent by 2100. The study looked at the potential effects of climate change on national economies.

Read the full article [cnbc.com]