Article 73BDB Flawed economic models mean climate crisis could crash global economy, experts warn

Flawed economic models mean climate crisis could crash global economy, experts warn

by
Damian Carrington Environment editor
from Environment | The Guardian on (#73BDB)

States and financial bodies using modelling that ignores shocks from extreme weather and climate tipping points

Flawed economic models mean the accelerating impact of the climate crisis could lead to a global financial crash, experts warn.

Recovery would be far harder than after the 2008 financial crash, they said, as we can't bail out the Earth like we did the banks".

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