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Watch: Why climate change could lead to a financial crisis (and what we can do about it) | CNBC Reports (youtube.com)
Climate change is already taking a financial toll on the planet, with extreme weather events costing the global economy $146 billion in 2019, according to insurer Swiss Re. However, economists warn the worst is yet to come. CNBC’s Silvia Amaro spoke to IMF Managing Director Kristalina Georgieva about how governments and business can fight back.
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    Francisco Gimeno - BC Analyst With most population living around coasts around the world, extreme weather events, and uncertainty on how climate is changing, the economic forecasts are not good. This affects the individual but also societies and global trends including the balance of world powers. We don't have other possibility but to adapt as well as we can.