Climate change could cost the world £1.8tn if left unchecked

Long-term investors 'would be better off in a low-carbon world', says LSE professor

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(Image credit: Christopher Furlong/Getty Images)

Climate change could cost the world trillions of pounds, according to a new study by the London School of Economics.

"Our work suggests to long-term investors that we would be better off in a low-carbon world," Professor Simon Dietz, the lead author of the report into the financial implications of climate change, told The Guardian.

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