Southeast Asia’s economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found. Also, the region’s services industry is

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Eunji Hyun
Eunji Hyun

Southeast Asia’s economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found. Also, the region’s services industry is

3 years ago

Southeast Asia’s economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found. Also, the region’s services industry is predicted to lose $9 trillion by 2070, followed by $7 trillion of losses in manufacturing, while retail and tourism could collectively lose $5 trillion. They need to pivot from seeing global warming efforts as an optional cost to seeing it as an investment in a climate-driven transformation to a better future.