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A reminder that the big positive green chunk for the euro area at the end is largely a result of the 2022 heatwave (see Kotz et al, 2023 for estimates of impact) for those still claiming climate change isn't a primary mandate issue.

Higher average temperatures increase #inflation: Rising temperatures could drive food inflation up by 3.2 percentage points and overall inflation by 1.18 percentage points annually by 2035, according to a new study by PIK's Maximilian Kotz and the European Central Bank: pik-potsdam.de/en/news/latest…

Global warming may lead to food inflation rising by up to 3.2 percentage points per year and overall inflation rising by up to 1.2 percentage points per year under temperature increases projected for 2035, according to a paper published in Communications Earth & Environment. go.nature.com/3TuKq00

By 2035 food prices could be rising 3 per cent every single year due to rising temperatures alone, find Maximilian Kotz and co in a study done in collaboration with the European Central Bank: newscientist.com/article/242356…

The strain that rising global temperatures could have on the agriculture industry and inflation around the world will likely cause food prices to increase even more, according to new research. trib.al/oZfdhZE

March 2024: price of cocoa beans ⬆️ over $7,000 (approx. £5,500)/tonne – 3️⃣❎ March 2020 🍫 Weight for weight, this made cocoa over 1️⃣1️⃣❎ more valuable than oil Why? El Niño & climate change drive up cocoa prices w/ world’s largest exporters bit.ly/3Vp2prh

Trending in #Meteorology: ooir.org/index.php?fiel… 1) Global warming & heat extremes to enhance inflationary pressures (Communications Earth & Environment) 2) The 2023 Ocean Temperature & Sea Ice Extremes in the Context of Longer-Term Climate Change 3) How, when & where current mass flows in Martian

🚨Climate change will put upward pressure on inflation, a peer-reviewed study finds. For over a year, Senate Budget Committee has detailed the MANY ways that climate change is raising costs for families and threatening our entire economy. (thread) axios.com/2024/03/25/cli…

Full house, many thanks to all presenters and great questions so far. Come by for the second oral slot starting now in 2.17 and the posters in X5 this afternoon.

Stoked to see a recent video from Sabine Hossenfelder (Sabine Hossenfelder) quoting and showcasing figures from our recent Journal of Climate Paper! @ALevermann @Leonie_Climate youtube.com/watch?v=3n69om…

#Climatechange makes it harder for women to collect water: By 2050, it could increase the amount of time women in households without running water spend collecting water by up to 30% globally. New PIK study with @Leonie_Climate Maximilian Kotz et al: pik-potsdam.de/en/news/latest…

A hotter world will be more expensive: “These are really big effects and they are going to get worse,” says PIK's Maximilian Kotz in the The Washington Post. “The clearest way we can limit that is just trying to limit climate change itself." 👇 washingtonpost.com/business/2024/… ($)

One of the most important questions in climate economics is whether climate damages will slow economic growth. Because growth compounds over time, hundreds of trillions of dollars could hinge on the answer, as I explore Climate Connections. Article & 🧵 (1/7): yaleclimateconnections.org/2024/07/how-mu…

A paper in NatureClimate finds that water scarcity due to both temperature rises and reduced precipitation increase women’s daily water collection time, thereby undermining their welfare globally. go.nature.com/4coIMFH

“There are clear negative impacts heavy rain events & extreme #temperatures on the overall productivity of our economies. They slow down economic growth.” Interview with PIK scientist Maximilian Kotz during #LINO24, with Brian Malow, tune in: youtube.com/watch?v=087Rb8…

As leaders go to NY for #UNGA79 & António Guterres's Summit for the Future, and deadly climate impacts continue to threaten people everywhere, Potsdam Institute for Climate Impact Research PIK's Maximilian Kotz reflects on climate change as threat multiplier & climate action as solution to geopolitical insecurity.

Auch der #Klimawandel macht #Lebensmittel teurer: "Es gibt klare Beispiele, wo wir die Auswirkungen der klimatischen Bedingungen auf die Lebensmittelpreise in den letzten Jahren sehr direkt sehen, insbesondere in Europa", so Maximilian Kotz in DIE ZEIT: zeit.de/wissen/umwelt/…