ADB: SI climate change losses could reach 4.7% of GDP by 2012

ADB: SI climate change losses could reach 4.7% of GDP by 2012

27 NOVEMBER 2013

Agriculture, fisheries and other sectors of the economy will take a severe hit in the face of more extreme temperatures and other climate change-linked events, triggering economic losses of up to 4.7% of annual GDP in Solomon Islands by 2100, says a new Asian Development Bank (ADB) study.

“There is a very real possibility that climate change could unravel the significant development achievements that have been made in Solomon Islands unless tough policy decisions are made,” said Xianbin Yao, Director General of ADB’s Pacific Department. ...

 

Read more at Solomon Star: http://www.solomonstarnews.com/news/regional/20115-adb-si-climate-change-losses-could-reach-47-of-gdp-by-2012

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