Climate change could cost UK $15 billion per year

Posted On: Nov. 28, 2019 5:16 AM CST

The World Wide Fund for Nature said that the U.K. economy could lose more than 12 billion British pounds ($15 billion) per year by 2050 from coastal damage if no action is taken to combat climate change, Bloomberg reported. Nearly 2.5 million homes will be at risk of flooding by 2050, the WWF said.