Tuesday, October 30, 2012

Adaptation to climate change and energy

According to a new report, Climate Vulnerability Monitor: A Guide to the Cold Calculus of A Hot Planet', tackling the global climate crisis could reap significant economic benefits for both developed and developing countries. The impacts of climate change  and a carbon-intensive economy cost the world around US$1.2 trillion a year  and "adapting to climate change is very likely a cost-effective investment in almost all cases and should be central to any climate change policy according to the report. The new publication launched during the 67th session of the UN General Assembly, in New York, was  produced by Development Assistance Research Associates (DARA), an independent aid analysis organisation, and the Climate Vulnerable Forum, a global partnership of nations that are disproportionately affected by global warming.

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