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Climate Change Threatens South Asian Economy, Bank Warns

2014-08-20 21:32:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: Climate change will slash up to nine percent off the South Asian economy every year by the end of this century if the world continues on its current fossil-fuel intensive path, the Asian Development Bank warns in a new report. The human and financial toll could be even higher if the damage from floods, droughts, and other extreme weather events is included, the bank says. "South Asia's economy is under serious threat and the lives and livelihoods of millions of South Asians inhabiting the region's...

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