Damage to world's oceans 'to reach $2 trillion a year'
The cost of damage to the world's oceans from climate change could reach $2 trillion a year by 2100 if measures to cut greenhouse gas emissions are not stepped up, a study by marine experts said on Wednesday.
Natural and man-made catastrophes cost the world economy $350 billion and 30,000 lives this year, reinsurer Swiss Re said yesterday.