More rainy days and extreme rainfall likely will hurt global economies, according to new research.
According to a new study, extreme rainfall will likely hurt global economies.More rainy days and extreme rainfall likely will hurt global economies, according to new research from the Potsdam Institute for Climate Impact Research.
"We know from previous work that flooding associated with extreme rainfall can damage infrastructure, which is critical to economic productivity, and also cause local disruptions to production," said Wenz, adding that the new findings also suggest everyday disruptions caused by more rain will have"a disruptive effect on businesses, manufacturing, transportation."Shopping carts sit toppled over around a grocery store's parking lot in Bowling Green, Ky., Jan. 1, 2022.
"Intensified daily rainfall turns out to be bad, especially for wealthy, industrialized countries like the U.S., Japan or Germany," Wenz said. But smaller, more agrarian economies can see some benefits. Some of those extremes can include devastating flooding that has massive consequences, Stamford University researcher Frances Voigt Davenport explained to ABC News in 2021.
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