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World Bank estimates climate change to cost developing nations $100 billion a year http://apocadocs.com/s.pl?1254340580
Developing countries will need to spend as much as $100 billion annually for the next 40 years to adapt to more extreme and severe weather changes, according to a World Bank study issued on Wednesday.
The report said poorer countries would need to invest in large-scale infrastructure projects to cope with floods, drought, heatwaves and more frequent and intense rainfall if the Earth's temperature rose by 2 degrees Celsius by 2050.
"Faced with the prospect of huge additional infrastructure costs, as well as drought, disease and dramatic reductions in agricultural productivity, developing countries need to be prepared for the potential consequences of unchecked climate change," said Katherine Sierra, World Bank vice president for sustainable development.
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[Read more stories about:
anthropogenic change, faster than expected, weather extremes]
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'Doc Michael says:
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How do you squeeze blood from a dessicated corpse?
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Besides -- it's about time the poor countries paid their fair share, for the climate chaos we "developed" countries built for them.
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