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One way of illustrating these inequalities is to look at the distribution of monetary costs. According to data from the Climate Vulnerability Monitor, the South bears 82% of the total costs of climate breakdown, which in 2010 added up to $571 billion in losses due to drought, floods, landslides, storms and wildfires.28 Researchers predict that these costs will continue to rise. By 2030 the South will suffer 92% of total global costs, reaching $954 billion.
Less is More: How Degrowth Will Save the World
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