LAUTOKA (World Bank/Asia Pacific Report): A new World Bank report proposes ways Pacific Island countries can better invest in climate change risk management and resilience infrastructure for the future.
The Pacific Possible: Climate and Disaster Resilience report, was launched in Fiji at the Symposium on Climate Change Adaption and recommends priority investments that can boost resilience to the year 2040.
It includes possible economic costs of climate adaptation initiatives such as infrastructure for coastal protection, water resources, dealing with severe weather, flooding and agriculture.
Senior Environmental Specialist at the World Bank, Denis Jordy, said vulnerability to climate change and natural hazards increases if new investments are not properly planned.
“This new report quantifies the potential costs of climate adaptation for Pacific Island countries, and targets ways in which decision-makers can effectively manage vulnerability and build resilience to reduce losses, protect livelihoods and save lives.”
Full article on Asia Pacific Report.
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