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Study: Climate change & melting polar ice caps to cost $24 trillion by 2020

R Sinduja

News Editor

Climate change is the need of the hour to be addressed but it's not going to be cheap. A study reveals that the melting of Arctic ice is likely to add $24 trillion to the existing cost of climate change. It also said this cost will be incurred even if the Paris Climate AGreement is met & if not then it will rise up to $67 trillion by 2300. So, more money will be spent to offset climate change the longer we take to tackle it.