Current:Home > FinanceWhen extreme rainfall goes up, economic growth goes down, new research finds -Capitatum
When extreme rainfall goes up, economic growth goes down, new research finds
Ethermac Exchange View
Date:2025-04-06 10:19:14
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! (17368)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Former Colombian military officer accused in base bombing extradited to Florida
- Former Colombian military officer accused in base bombing extradited to Florida
- UN ends political mission in Sudan, where world hasn’t been able to stop bloodshed
- The company planning a successor to Concorde makes its first supersonic test
- 'Santa! I know him!' How to watch 'Elf' this holiday: TV listings, streaming and more
- Balance of Nature says it is back in business after FDA shutdown
- Vacuum tycoon Dyson loses a libel case against a UK newspaper for a column on his support of Brexit
- What do we know about the mysterious drones reported flying over New Jersey?
- More cantaloupe recalls: Check cut fruit products sold at Trader Joe's, Kroger and Sprouts
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Semitruck failed to slow down before deadly Ohio crash, state report says
- Endless shrimp and other indicators
- Cyprus and Chevron reach a deal to develop an offshore natural gas field, ending years of delays
- The Grammy nominee you need to hear: Esperanza Spalding
- What’s streaming this weekend: Indiana Jones, Paris Hilton, Super Mario and ‘Ladies of the 80s’
- Director Ridley Scott on Napoleon: It's a character study with violence, with action, with everything you got
- Uzo Aduba Gives Birth, Welcomes First Baby With Husband Robert Sweeting
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
At least 12 people are missing after heavy rain triggers a landslide and flash floods in Indonesia
A yoga leader promised followers enlightenment. But he’s now accused of sexual abuse
EPA aims to slash the oil industry's climate-warming methane pollution
Global Warming Set the Stage for Los Angeles Fires
It's time for Christmas music! 50 of the best songs to get you in the holiday spirit
Authorities in Haiti question former rebel leader Guy Philippe after the US repatriated him
Blinken sees goals largely unfulfilled in Mideast trip, even as Israel pledges to protect civilians