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World Bank: Environmental Risks Threaten Global Economies

9/2/2025

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Story summary
  • The World Bank warns that land degradation, air pollution, and water stress jeopardize global economies, particularly in low-income countries.
  • A report indicates that 80% of individuals in these nations encounter multiple environmental risks.
  • Countries are encouraged to redirect harmful subsidies to address these challenges before COP30 in Brazil.
  • Ecological threats have immediate economic impacts, significantly affecting agriculture and rainfall patterns.