Soaring temperatures to cost US$2t globally

London

SEARING temperatures caused by climate change may cost global economies more than US$2 trillion by 2030, restricting working hours in some of the poorest parts of the world, according to United Nations research.

As many as 43 countries, especially those in Asia, including China, Indonesia, and Malaysia, will experience declines in their economies because of heat stress, says Tord Kjellstrom, a director at the Health and Environment International Trust, based in Nelson, New Zealand.