US has caused $10tn worth of climate damage since 1990, research finds

"The US has caused greater harm to worldwide economic growth than any other country, ahead of China, now the world's largest emitter that is responsible for $9tn in GDP damage since 1990."

"About 25% of this GDP dampening has occurred in the US itself, although other countries have borne a heavy toll, with economic losses disproportionately felt in the poorest countries."

"Developing countries have called for wealthier nations, which have emitted most of the greenhouse gases since the industrial revolution, to assist them financially to deal with loss and damage stemming from disastrous heatwaves, floods, droughts and crop failures worsened by escalating temperatures."

Research indicates that the US has inflicted $10 trillion in global economic damages due to its emissions over the past three decades. As the largest carbon emitter historically, the US has caused more economic harm than any other nation, including China, which has caused $9 trillion in damages. Approximately 25% of the damage has affected the US itself, while developing countries have suffered disproportionately. The study highlights the need for wealthier nations to support poorer countries facing loss and damage from climate change impacts.

Read at www.theguardian.com