Current:Home > ScamsWhen extreme rainfall goes up, economic growth goes down, new research finds -Finovate
When extreme rainfall goes up, economic growth goes down, new research finds
View
Date:2025-04-19 10:20:19
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! (42)
Related
- A South Texas lawmaker’s 15
- When Kula needed water to stop wildfire, it got a trickle. Many other US cities are also vulnerable
- Duke's emergence under Mike Elko brings 'huge stage' with Notre Dame, ESPN GameDay in town
- A 'modern masterpiece' paints pandemic chaos on cloth made of fig-tree bark
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Colts QB Anthony Richardson will start but as many as three starting linemen could be out
- 'Sparks' author Ian Johnson on Chinese 'challenging the party's monopoly on history'
- Biden Creates the American Climate Corps, 90 Years After FDR Put 3 Million to Work in National Parks
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Tennessee teacher accused of raping child is arrested on new charges after texting victim, police say
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Man accused of locking a woman in a cell in Oregon faces rape, kidnapping charges in earlier case
- Ryder Cup: Team USA’s problem used to be acrimony. Now it's apathy.
- Palestinian security force deploys in school compound in Lebanon refugee camp following clashes
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- NYC floods: Photos show torrential rain wreaking havoc on New York City, North Jersey
- Shapiro Advisors Endorse Emissions Curbs to Fight Climate Change but Don’t Embrace RGGI Membership
- NBA suspends former Spurs guard Joshua Primo for 4 games for exposing himself to women
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Trump co-defendant takes plea deal in Georgia election interference case
Kendall Jenner and Bad Bunny Make Their Romance Gucci Official
New York stunned and swamped by record-breaking rainfall as more downpours are expected
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Hundreds of flights canceled and delayed after storm slams New York City
Republicans begin impeachment inquiry against Biden, Teachers on TikTok: 5 Things podcast
Biden Creates the American Climate Corps, 90 Years After FDR Put 3 Million to Work in National Parks