/environment/ en /environment/news/list/2025/04/02/the-urgent-need-to-rethink-climate-economics A new ÐÓ°ÉÖ±²¥n study has found that traditional economic models significantly underestimate the global economic impact of climate change, particularly when considering extreme weather events and interconnected supply chains. Mark Lawrence, Environment Institute member and an expert in climate risk from the ÐÓ°ÉÖ±²¥ of Adelaide, emphasises that the economic consequences could be even worse than projected. April 02 2025 Marilia Jean Belperio /environment/news/list/2025/04/02/the-urgent-need-to-rethink-climate-economics