Global warming to boost Russian GDP – report ...News

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Climate change could bring the country’s economy an additional $6.5 billion every decade, researchers have found Russia’s GDP could grow by 1.2 trillion roubles ($13 billion) if an average annual temperature across the country rises by one degree Celsius, according to new research. The agriculture and forestry sectors can benefit most from global warning, the experts who conducted it conclude. The findings of the report by the Institute of Economic Forecasting of the Russian Academy of Sciences (IEF RAS) were presented at a forum called “BRICS Climate Agenda in Modern Conditions” which was held in Moscow on Friday

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