Current:Home > ScamsWhen extreme rainfall goes up, economic growth goes down, new research finds -CapitalTrack
When extreme rainfall goes up, economic growth goes down, new research finds
View
Date:2025-04-17 02:08:53
More rainy days could mean a blow to the economy, according to a new study from the Potsdam Institute for Climate Impact Research in Germany.
The research, published Wednesday in Nature, found that concentrated bursts of daily rainfall decreases economic growth, especially in wealthier and industrialized countries
The study analyzes 40 years of data from more than 1,500 regions in 77 countries and zeroes in on the economic impact of intense, daily rainfall.
Global climate change, caused by human greenhouse gas emissions, is changing weather patterns around the world and making extreme precipitation more common.
Past climate research has focused primarily on temperature or annual precipitation, while this study of data from 1979 to 2019 looks at daily levels.
"If we want to think about the future and think about future climate change, it's actually the daily aspects of rainfall that we know the most about," Maximilian Kotz, a doctoral researcher at the Potsdam Institute and the study's first author, told NPR.
Water is a scarce economic resource, Kotz noted. Having more of this economic good is generally a plus, but it's not a benefit in the case of short, intense periods of rain, which can lead to flooding. Not only can flooding destroy infrastructure, it can also disrupt production and the supply chain, Kotz explained.
The researchers found that the addition of just a few inches of extreme rainfall throughout the year could shave half a percentage point off a country's annual growth. That could be significant, considering most developed nations grow by only 2 or 3 percentage points each year.
The researchers accounted for a range of other factors that might have affected economic growth over the study's time frame, like local political events and global economic trends. They concluded with "very high confidence" that there was a causal link between the changes in rainfall and the changes in economic growth, Kotz told NPR.
"This is just another demonstration of the ways in which the economy is very closely linked to climate," Kotz said. "And as a result, our prosperity and jobs are all vulnerable to possible future changes in climate."
NPR's Camila Domonoske contributed to this report.
veryGood! (244)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Ryan Reynolds’ Trainer Don Saladino Details His Deadpool & Wolverine Workout Routine
- Damages to college athletes to range from a few dollars to more than a million under settlement
- Tom Daley Is the King of the World at the 2024 Olympics Opening Ceremony
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- LeBron James flag bearer: Full (sometimes controversial) history of Team USA Olympic honor
- Cute & Comfortable Summer Shoes That You Can Wear to the Office
- QB Tua Tagovailoa signs four-year, $212.4 million contract with Dolphins
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Gizmo the dog went missing in Las Vegas in 2015. He’s been found alive after 9 years
Ranking
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- NORAD intercepts Russian and Chinese bombers off coast of Alaska
- Panama City Beach cracks down on risky swimming after deadly rip current drownings
- Should you stretch before exercise? After? Never? Here’s what to know
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- How Ryan Reynolds and Blake Lively’s Kids Played a Part in Deadpool
- Sophia Bush, Zendaya, more looks from Louis Vuitton event ahead of 2024 Paris Olympics: See photos
- Thieves slam truck into Denver restaurant to steal only steaks: 'It's ridiculous'
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Senate kickstarts effort to protect kids online, curb content on violence, bullying and drug use
Ohio court rules that so-called boneless chicken wings can, in fact, contain bones
All-Star closer Mason Miller suffers freak injury, muddling MLB trade deadline
Sam Taylor
Proof Brittany and Patrick Mahomes' Daughter Sterling Is Already Following in Her Parents' Footsteps
Dallas Cowboys Cheerleaders Charly Barby & Kelly Villares Have Emotional Reaction to Finally Making Team
Airline catering workers threaten to strike as soon as next week without agreement on new contract