0.3% of GPD would protect East Asia from climate change

ScienceDaily: About 12 million people in 23 East Asian cities are at risk from rising sea levels, severe storms, and more intense drought caused by climate change that could jeopardize $864 billion in assets, a new report from the Asian Development Bank (ADB) warns. Economics of Climate Change in East Asia notes that while climate adaptation investments can be large, the aggregate cost to protect the most vulnerable sectors -- infrastructure, coastal protection, and agriculture -- would be less than 0.3% of East......

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