The FINANCIAL -- Countries in the Pacific should step up their efforts to adapt to more extreme weather conditions and mitigate disaster risks to improve the region’s economic growth and development prospects, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor launched on December 7.
“Many Pacific countries have taken steps to improve resilience, such as integrating climate change adaptation and disaster risk reduction into their national policies, climate-proofing infrastructure, and building financial resilience,” said Carmela Locsin, Director General of ADB’s Pacific Department. “This is very good news, but more innovative approaches and greater institutional capacity can help to respond comprehensively to climate change risks.”
Source: The Financial