Report by McKinsey et al

Report by coalition of McKinsey & Company, Swiss Re, the Rockefeller Foundation, the Global Environment Facility, ClimateWorks Foundation, the European Commission, and Standard Chartered Bank states (Oct 09) that¬†climate change could reduce the GDP of less developed countries by up to 19%, by 2030.¬† “The climate risk to the world’s economies is real and present, and its impact on people’s lives and livelihoods will worsen rapidly if we do not take action now.”