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Clever use climate finance will help the Pacific

2013-12-09 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: Pacific countries have a lot to gain from getting better at obtaining climate-related finance, research from the Asian Development Bank (ADB) shows. The Pacific has a major problem dealing with the economic impact of cyclones and other catastrophic weather events. The damage bill for cyclone Evan in Samoa in 2012 was more than $US 200 million and memories are still raw in the Cook Islands from the five cyclones experienced in just five weeks back in 2005. The economist from the Asian Development...

Tags: finance pacific climate clever

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