Failure to protect climate change is already costing the state 5.4 to 7 billion euros – the economy

2024-01-09 14:00:00

Climate protection and adapting to the consequences of global warming are expensive – but failing to act will become significantly more expensive over the years. This is made clear by a new report from the Austrian Institute for Economic Research (Wifo) on behalf of the Climate Ministry. It provides an overview of numerous studies that have examined individual climate risks for the budget.

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