ADB – Economic Costs of Rising Sea Levels in Asia and the Pacific

Teeming with people and economic activity, the coastal areas of Asia and the Pacific are highly vulnerable to storm surges, coastal erosion, flooding, and inundation resulting from sea-level rise and climate change. Here’s a by the numbers look at the economic costs of rising sea levels.

Southeast Asia

Up to 3 millimeters: The rise in sea level per year between 1951 and 2000 according to the 2007 report of the Intergovernmental Panel on Climate Change (IPCC).
Source: ADB publication The Economics of Climate Change in Southeast Asia

More than twice: By 2100, the mean cost of climate change for Indonesia, the Philippines, Thailand, and Viet Nam could be equivalent to losing 6.7% of combined GDP each year, more than twice the global average loss.

Source: ADB publication The Economics of Climate Change in Southeast Asia

$5 billion: The average yearly cost of adaptation measures in the four countries by 2020. The annual benefit in terms of avoided damage from climate change is likely to exceed the annual cost after 2060. Source: ADB publication The Economics of Climate Change in Southeast Asia

Download full report at http://www.adb.org/features/economic-costs-rising-sea-levels-asia-and-pacific

 

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