Russia’s economy will lose hundreds of millions of dollars due to air pollution, according to analysts of the Organization for Economic Cooperation and Development.
Polluted air costs the global economy 0.3% of the global GDP annually, with another 6% lost due to a necessity to provide social support resulting from environmental issues, the Vedomosti business daily reported. Expert estimate that air pollution cost Russia $447 bln in 2015 alone, which amounts to 12.5% of the GDP, the world’s largest figure in relative terms. As regards absolute terms, China has the world’s worst air pollution; the country loses $1.6 tln due to the issue.