# A recent study by Australian scientists has revealed that if global temperatures rise by four degrees Celsius, the average person could become 40-percent poorer. Even with a two-degrees-Celsius increase, per capita, the gross domestic product may shrink by 16-percent, significantly more than previous estimates of 1.4-percent. The study says traditional economic models have been found to have underestimated the financial impact of climate change, often overlooking how extreme weather events disrupt global supply chains. Researchers are urging immediate action to mitigate severe economic consequences worldwide.
Rise in global temperatures could reduce the average person’s income