Economic Impact of Rising Temperatures: Singapore's Losses Set to Exceed $1.5 Billion by 2035
Wednesday, 3 April 2024, 02:45
Impact of Heat Stress on Singapore's Economy
A recent study projects a 14% decline in productivity by 2035 in Singapore due to heat stress, resulting in significant economic losses exceeding $1.5 billion. The economic implications of this decline are profound, emphasizing the pressing need for proactive strategies to mitigate the impact of rising temperatures.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.