Heat waves, droughts cause billions of dollars in global economic losses

Severe weather costs the global economy billions of dollars a year, highlighting the costs of climate change and the value of mitigating extreme weather, according to a new analysis of weather and economic data by Visiting Assistant Professor Berkay Akyapi. 

“This research gives guidance to policymakers to consider what kind of extreme events we should adapt to,” said Akyapi. “If we don’t do anything to respond to these climate shocks, we are hurting the economy.”

Read the full story from UF News.