Study claims climate change can shrink India's economy by 10%
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According to a study, climate change may shrink India's economy by 10% by the end of the century. The study also suggests that virtually all countries, will suffer economically unless Paris Agreement holds. It is predicted that wealthier economies will be unaffected or may see benefits from higher temperatures. This would see the US lose 10.5 % of its GDP by 2100, while Japan, India, and NZ will also lose 10% of their income.