#ClimateCrisis ~ Economic impact of Brazil’s extreme precipitation event on regional and national economy:
“Rio Grande do Sul’s economy — about as big as Uruguay and Paraguay combined — had been growing at 3.5% this year through April, but could end 2024 falling by 2%. That would mean a 0.4% dent in Brazil’s GDP which would mean zero growth this year.”
⚠️ Projected global GDP loss at heating of 2°C = -16%