Climate Changed
Fighting Climate Change Comes With $2.5 Trillion Price Tag
- Allianz predicts impact of current measures over next 10 years
- Energy sector hit hardest, steel and transport also affected
Fire crews monitor a wildfire in Penrith, Australia, in November. Australia is grappling with an early and extraordinarily fierce wildfire season.
Photographer: Brett Hemmings/Getty Images
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Fighting climate change will cost companies worldwide nearly $2.5 trillion over the next 10 years, according to an estimate by Allianz SE.