Achieving Paris climate target could net additional billions in fisheries revenue

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Wall Scholar alumna William Cheung and Wall Associate Rashid Sumalia co-authored a new study which compared the ecosystem and economic impacts of the Paris Agreement warming scenario of 1.5 degrees Celsius to the current “business as usual” 3.5 C warming scenario. They concluded that achieving the Paris Agreement would result in benefits for 75 percent of maritime countries, with the largest gains being made in developing countries.