France could lose 7% of GDP from climate-linked event – BdF deputy
Bénassy-Quéré says even ‘the most ardent’ sceptics will have to accept reality of global warming
France could lose out on “more than 7%” of GDP if a rare but severe weather event occurred, Agnès Bénassy-Quéré has said.
In a speech published on November 14, the second deputy governor of the Banque de France (BdF) warned that climate change was already hurting all economies through higher business insurance costs, increasingly frequent extreme weather events and diminishing crop yields.
“While climate awareness may be declining in certain spheres of public opinion, it is frequently gaining
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