Wenfeng Tower is submerged in flood water after torrential rains on June 22, 2022, in Qingyuan, in China’s Guangdong province. Photo: Getty
Wenfeng Tower is submerged in flood water after torrential rains on June 22, 2022, in Qingyuan, in China’s Guangdong province. Photo: Getty

Climate change a far greater threat to global economy than Covid-19 pandemic amid rising intensity of heatwaves and floods, Swiss Re says

  • Some US$270 billion worth of economic losses were caused by natural catastrophes worldwide last year, according to Swiss Re
  • Net zero by 2050 is required to avert the worst catastrophic impacts of climate change, scientists said

Wenfeng Tower is submerged in flood water after torrential rains on June 22, 2022, in Qingyuan, in China’s Guangdong province. Photo: Getty
Wenfeng Tower is submerged in flood water after torrential rains on June 22, 2022, in Qingyuan, in China’s Guangdong province. Photo: Getty
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