Tuesday, 01 December 2009
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Pacific to Bear Highest Cost to Adapt to Climate Change
The world has a brief window of time in which to find the technologies and the funds to combat climate change. What we do today shapes tomorrow’s climate and limits the choices that are available to future generations.
Rich countries must take the lead by reducing their own carbon footprints at home and by helping developing countries to finance adaptation to climate change as well as mitigate further global warming.
Instead of planning for yesterday’s climate, policy makers must heed a variety of climate futures and promote innovation on many fronts.
The costs of adapting to climate change in developing countries will be in the order of US$75–100 billion a year for the period 2010 to 2050—roughly the same order of magnitude as current overseas development assistance, according to preliminary findings from a global study on the economics of adaptation to climate change.
The highest costs will be borne by the East Asia and Pacific region, followed by Latin America and the Caribbean and Sub-Saharan Africa.
View the latest Report in PDF from the World Bank here.
As we said before thank God for Climate Change and the flawed Humanitarian Considerations to save face for Sada Reddy's Seashells.
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