ADB Calculates the Cost of Climate Chan…

As many as 12 million people in 23 Asian cities are likely to be caught in the coils of climate change, at risk from rising sea levels, severe storms and intensified drought that could jeopardize US$864 billion in assets, according to an exhaustive new report from the Asian Development Bank. Three major conurbations – the Pearl River Delta, Shanghai and the Kyoto-Osaka region in Japan -- are particularly at risk from rising sea waters. Climate change can be mitigated over the 40 years to 2050, however, according to the exhaustive report, titled

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