The study highlights that while the poorest people generally bear the greatest risks from climate change, it is the rich who face the fastest-growing risks, especially in high-income regions.

Emerging economies such as Brazil and China are also at significant risk due to their high vulnerability to extreme weather events and adverse trade impacts. As global temperatures continue to rise, economic hardship is expected to increase across all income groups, affecting both production and consumption worldwide.

Source: Ferra

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