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Climate on track to devastate world's poorest economies – study

GLASGOW: The 65 most vulnerable nations will see Gross Domestic Product drop 20 percent on average by 2050 and 64 percent by 2100 if the world heats up 2.9 degrees Celsius, according to a report released on Monday at the COP26 climate talks in Glasgow.

Even if global temperature rises are capped at 1.5C, in keeping with the most ambitious Paris Agreement goal, the same countries would take a GDP hit of 13 percent by 2050 and 33 percent by the end of the century, the study commissioned by Christian Aid said.

A protester holds a placard in George Square ahead of a protest by Climate activist group Extinction Rebellion in Glasgow on November 7, 2021, during the COP26 UN Climate Change Conference. AFP PHOTO