Climate change may mean that inflation remains high, central bankers said. More extreme weather patterns both affect workers’ abilities to do their jobs and supply chains’ dependability, forcing prices higher.
The Covid pandemic has rightly received most of the blame for global supply chain upheavals in the past two years. But the less publicized impact of climate change on supply chains poses a far more serious threat and is already being felt, scholars and experts say. [Climate Change Is Disrupting the Global Supply Chain Too – Wired]
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