Published 19:47 Could six, 2019

Updated 19:47 Could six, 2019

Finland, Iceland, Norway, and Canada are some of the handful of nations to advantage economically from climate alter in current decades, according to a Stanford University study published by the US National Academy of Sciences in its prestigious journal, PNAS.

The primary observation is that warming is “increasing development in cool nations and decreasing development in warm nations.”

Comparing 50 years of historical temperature fluctuations and financial development, researchers identified that warming has led to “robust and substantial declines in financial output in hotter, poorer countries—and increases in several cooler countries—relative to a globe without the need of anthropogenic warming.”

Involving 1961 and 2010, researchers say, Iceland’s GDP grew by 92%, Finland’s by 48%, Norway’s by 34%. Other primary beneficiaries have been Canada, Sweden, and Russia according to the report.

The report finds that neither the advantages nor the fees of international warming are shared equally, as wealthy nation fossil fuel consumption is frequently to the detriment of poor countries’ financial vulnerability.

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