ADB: Asia-Pacific ‘at the heart’ of climate risks

15 Jul 2017   Asia, Climate

If left unchecked, climate change could lead to the loss of about $52 billion per year for the economies of the Asia-Pacific, the Asian Development Bank said. “The global climate crisis is arguably the biggest challenge human civilization faces in the 21st century, with the Asia and Pacific region at the heart of it all,” Bambang Susantono, the ADB’s vice president for sustainable development,” said in a statement . A report from the bank found a business-as-usual scenario would lead to an increase in rainfall by as much as 50 percent. Total regional losses from the flooding expected by 2050 could be in the range of $52 billion per year, compared with the $6 billion […]

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