
Warning for heat and drought-hit UK: It gets worse without climate action
Baroness Brown said £11 billion would be a very good return on investment, adding: “It’s a time when the Government is very pressurised in terms of spending,…
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Summary
Action to stop things getting worse for the UK on water, heat and flooding, would cost about £11 billion a year split between public and private sources, according to estimates from the committee, which has a statutory role to advise Government on climate action. But it estimates climate change is already costing up to 2% of GDP a year – up to £60 billion – in impacts from flooding damage to failing harvests, and that could rise to 5%, or £260 billion by 2050.
Cross-referenced from 2 sources.
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Action to stop things getting worse for the UK on water, heat and flooding, would cost about £11 billion a year split between public and private sources, according to estimates from the committee, which has a statutory role to advise Government on climate action.
according to Evening StandardBut it estimates climate change is already costing up to 2% of GDP a year – up to £60 billion – in impacts from flooding damage to failing harvests, and that could rise to 5%, or £260 billion by 2050.
according to Evening Standard
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