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Climate Threatens Economy
The United Nations Conference on Trade and Development (UNCTAD) warned that climate change could cost the global economy the equivalent of 10% of GDP, rising to 17% in low-income countries near the equator. Its report said that the global average temperature rose by 1.4°C last year compared with pre-industrial levels, and that the years from 2015 to 2025 were the hottest on record. Exports of solar- and wind-related goods also exceeded $1.8 trillion in 2025. The organization called for climate commitments to be accelerated and trade cooperation strengthened to improve access to climate technologies and reduce emissions.
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