"Climate Vulnerability Monitor: a guide to the cold calculus of a hot planet" says global warming will not only lead to environmental catastrophe, but is choking the international economy.u00a0

u00a0

Key findings include estimates that carbon-intensive economies and associated climate change are responsible for five million deaths a year, 90 percent of them related to air pollution.u00a0

u00a0

"Failure to act on climate change already costs the world economy 1.6 percent of global GDP amounting to USD 1.2 trillion in forgone prosperity a year," said the report, produced by the DARA research center and released at the Asia Society in New York.u00a0

u00a0

In addition, "rapidly escalating temperatures and carbon-related pollution will double costs to 3.2 percent of world GDP by 2030."u00a0

u00a0