Arctic Melting to cost global economy USD 43 trillion
Q. Melting of Arctic permafrost will add how much to the cost of climate change according to estimates by Cambridge University and US National Snow and Ice Data Centre in Colorado’s Boulder area?- Published on 23 Sep 15a. USD 43 million
b. USD 43 billion
c. USD 43 trillion
d. None of the above
ANSWER: USD 43 trillion
Melting of Arctic permafrost and consequent release of CO2 and CH4 will add USD 43 trillion to the cost of climate change to the international economy according to the scientists. This represents a 13% rise in predicted economic impact of climate change by 2200. Arctic region is one of the fastest warming in the world. The permanent ice of land and under seabeds prevent GHG emissions to exacerbate greenhouse effect.
