Climate risk and response: Physical hazards and socioeconomic impacts

Climate change is already having substantial physical impacts at a local level in regions across the world; the affected regions will continue to grow in number and size. Since the 1880s, the average global temperature has risen by about 1.1 degrees Celsius with significant regional variations. This brings higher probabilities of extreme temperatures and an intensification of hazards. The global socioeconomic impacts of climate change could be substantial as a changing climate affects human beings, as well as physical and natural capital. By 2030, all 105 countries examined could experience an increase in at least one of the six indicators of socioeconomic impact we identify.

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