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Climate change abroad also affects the national economies

The German Environment Agency has completed a first-ever study of the climate risks for international trade relations. The study claims that the risks of climate change occurring abroad affect Germany's economy to at least the same extent as it does foreign economies. Six per cent (55 billion euros) of Germany’s imports and four per cent of its exports are tied to twelve countries or regions which are considered particularly vulnerable to climate change.
Date: 17 Dec 2018
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