$7.1-T in benefits seen if world adapts to climate change

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A new report suggests $1 trillion can be generated from protecting mangroves, $700 billion from improving dryland agriculture crop production, and $100 billion in strengthening early warning systems

The report by the Global Commission on Adaptation released Tuesday said that this could be achieved if the world invested from 2020 to 2030 $1.8 trillion in early warning systems, climate-resilient infrastructure, improving dryland agriculture crop production, protecting mangroves and in making water resources more resilient.

“Many adaptation actions generate significant additional economic, social, and environmental benefits, which accrue on an ongoing basis starting at the time of investment and are not dependent on the future state of the climate. In other words, they are both more certain and more immediate,” the report said.

It said “revolutions” are necessary in making the risks of climate change fully understood, improving policy and investment decision making, and the mobilization of funds and resources necessary to speed up adaptation.

Source: Energy Industry News (energyindustrynews.net)

 

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