climate change could cause annual damage to oceans 1512 trillion
(corrects figures, trillion rather than billions) Copenhagen, 21 mar ( EFE).- climate change could cause annual damage to the oceans by $ 2 trillion (1,512 trillion euros) by 2100, according to a report released today by the Stockholm environment Institute. That annual cost, equivalent to 0.37 per cent of global GDP calculated by 2100, takes as a basis an average 4 degree increase in global temperatures until the year. The study, baptized “Valuing the Ocean” (valuing the Ocean), estimated the loss of value of the oceans into account five categories: tourism, increase in the level of the seas, storms, fishing and ocean carbon sinks. A rapid reduction of emissions, limiting the increase in global temperature to 2.2 degrees, would mean a savings of 1.4 trillion dollars (1,059 trillion euros) of the projected annual damage. “these figures are only a part of the story, but provide an indication of the price of the avoidable portion of future environmental damage in the ocean, the distance between our hopes and our fears”, noted in a statement Frank Ackerman, one of the coordinators of the report. The study also points out that climate change is not the only threat to the oceans and suggests that the damage could be greater if converge several factors, such as acidification, warming of the water, hypoxia, the rise of the sea level, pollution and overexploitation of marine...
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