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0.3% of GDP Would Protect East Asia from Climate Change - ADB Report
Ist Teil von
M2 Presswire, 2013
Ort / Verlag
Coventry: Normans Media Ltd
Erscheinungsjahr
2013
Link zum Volltext
Beschreibungen/Notizen
"This report shows that the cost of inaction far outweighs the cost of climate change adaptation if countries act now," said Ayumi Konishi, Director General of ADB's East Asia Department. "Climate change not only brings challenges to East Asia, but also opportunities for stronger regional cooperation." The report projects that severe weather related to climate change will intensify, with one-in-20-year flooding predicted to occur as frequently as every four years by 2050. When combined with rising sea levels, this is expected to cause massive swaths of land to disappear, forcing millions to migrate, and wreaking havoc on infrastructure and agriculture. Since 1970, economic losses to the four countries from climate-related natural disasters have amounted to more than $340 billion.