Washington [US], September 22 (ANI/PRNewswire): Today, the Adrienne Arsht-Rockefeller Foundation Resilience Center at the Atlantic Council released "Hot Cities, Chilled Economies: Impacts of Extreme Heat on Global Cities," a new report detailing the social and economic effects of climate-driven extreme heat through the prism of 12 cities, spanning six continents, covering an urban population of more than 123 million. The study undertaken in partnership with Vivid Economics revealed that hot and humid conditions in New Delhi lead to average labor productivity losses of 20 percent for indoor or shaded workers, and 25 percent for those working under the heat of the sun. By 2050, without additional, dramatic adaption and emissions reductions, these impacts could increase to losses of 24 percent and 30 percent, respectively. This translates into economic losses of INR 28,800 crore in 2020, projected to increase to INR 45,100 crore by 2050. If the full economic impacts of heat were
Get latest articles and stories on Business at LatestLY. Today, the Adrienne Arsht-Rockefeller Foundation Resilience Center at the Atlantic Council released "Hot Cities, Chilled Economies: Impacts of Extreme Heat on Global Cities," a new report detailing the social and economic effects of climate-driven extreme heat through the prism of 12 cities, spanning six continents, covering an urban population of more than 123 million. Business News | Extreme Heat Reduces Labor Outputs by 25 Per Cent for Outdoor Workers in New Delhi Today, Economic Losses Climb to 30 Per Cent by 2050.