Global economy may see huge annual cost over air pollution

A research by the Organization for Economic Cooperation and Development (OECD) warns about massive costs of air pollution on the world economy.

According to the recently published study by the OECD, air pollution may cost the global economy some 2.6 trillion dollars each year by 2060.

It says air pollution could cause between six and nine million premature deaths per year by 2060. This is while in 2010, outdoor air pollution caused more than three million premature deaths.

The report noted that air pollution imposes significant costs on annual healthcare, workforce and crop yields among others.