DNVN - A team of scientists from Potsdam discovers that the number of wet days and days with extreme rainfall is negatively correlated with economic growth. According to their study, which has just been published as the journal Nature's cover story, the manufacturing and service sectors of wealthy nations are the hardest hit.
DNVN - Climate change impacts a vast array of economic sectors, ranging from crop damage to cooling failures in cloud-based data centers. Uncertainty exists as to whether a country's economy can recover annually from these impacts or whether global temperature increases cause permanent and cumulative effects on the market economy.