Bangalore: Over 100 million people will die and global economic growth will be cut by 3.2 percent of gross domestic product (GDP) by 2030 if the world doesn’t tackle climate change, reported Reuters.
It calculated that five million deaths occur every year from air pollution, hunger and disease as a result of climate change and carbon-intensive economies, and the number is likely rise to six million a year by 2030 if current patterns of fossil fuel use persist.
More than 90 percent of the deaths will occur in developing countries, said the report that calculated the human and economic impact of climate change on 184 countries in 2010 and 2030, commissioned by the Climate Vulnerable Forum, a partnership of 20 developing countries exposed to climate change.
As per the report "A combined climate-carbon crisis is estimated to claim 100 million lives between now and the end of the next decade," reported Reuters.
The effects of climate change is said to have lowered global output by 1.6 percent of world GDP, or by about $1.2 trillion a year, and losses could double to 3.2 percent of global GDP by 2030 if global temperatures are permitted to rise, exceeding 10 percent before 2100. The estimated cost of moving the world to a low-carbon economy is at about 0.5 percent of GDP this decade.
It has been cautioned by climate scientists that the chance of limiting the rise to below 2C is getting smaller as global greenhouse gas emissions rise due to burning fossil fuels.
Further, the world's poorest nations are the most at risk as they face increased danger of drought, water shortages, crop failure, poverty and disease. The largest and most rapidly developing economies will also not escape unharmed. The U.S. and China could witness a 2.1 percent reduction in their respective GDPs by 2030, while India could experience a more than 5 percent loss.