15 OCTOBER 2021 - BILL MCKIBBEN
“There are economic as well as non-economic costs that result from both extreme weather events like hurricanes and floods and slow onset climatic processes such as sea level rise and salinization,” he said in an email. “Loss and damage includes permanent and irreversible losses such as to lives, livelihoods, homes and territory, for which an economic value can be calculated, and also to non-economic impacts such as the loss of culture, identity and biodiversity, which cannot be quantified in monetary terms.”
