Global loss of $10 trillion trillion if not reached

Source: Internet
Author: User
Keywords Copenhagen
Tags agency asset asset management change community cost economy global economy
"Report" The United Nations International Energy Agency (IEA) executive director Tanaka recently warned that the Copenhagen Summit, once the failure of the global economy will bring about 500 billion dollars a year loss.  Tanaka said in Paris that from 2010 to 2030, the total amount of extra investment by the international community to restore the impact of climate change would be $10 trillion trillion. Kevinparker, head of global asset management at Deutsche Bank, said: "The most concern is cost, but the cost of not taking action is higher." "The cost is indeed the toughest issue at this week's climate summit in Copenhagen, and whatever the final agreement is, it is most concerned about possible financial spending in the short term." Beijing)
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