Cyclones slow down the economic growth of a country by 10 years

Researchers have calculated the Social Cost of Carbon (SCC) of tropical cyclones for the major economies of India, US, China, Taiwan, and Japan and found that it is so extreme that it stops economic development for more than 10 years.

A monetary value of long-term harm

The SCC is an economic statistic that estimates the monetary value of the long-term harms caused by one additional tonne of carbon dioxide (CO2) emitted into the atmosphere. It is used to calculate the social and economic consequences of climate change caused by greenhouse gas emissions. 

The SCC is a tool that policymakers…