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Kenya: Climate Change adaption could cost USD$500b

2016-05-28 23:02:00| Climate Ark Climate Change & Global Warming Newsfeed

East African Business Week: The cost of adapting to climate change in developing countries could rise to between $280b and $500 billion per year by 2050, a figure that is four to five times greater than previous estimates, according to a new United Nations Environment (UNEP) report. According to UNEPs Adaptation Finance Gap Report released as nations signed the landmark Paris Agreement on climate change, the report assesses the difference between the financial costs of adapting to climate change in developing countries and...

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