Climate change knocked half a point off global GDP growth last year due to floods and fires, affects grain productivity and fertility, and is an inflationary force that reduces growth; combined with resource scarcity and population decline, long-term factors are now biting simultaneously for the first time

causalpending

Speaker

Jeremy Grantham

Evidence Quote

Climate change caused so much damage last year I think it knocked half a point after global GDP for the first time...floods everywhere and fires...climate change gets in the way of planting reaping and even the fertility the productivity of of the grains...it's a inflationary Force

Source

Jeremy Grantham x David Rosenberg InterviewThe Informational Investor
Created: 8/12/2026, 6:27:07 PM

My Notes

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