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Climate adaptation costs soaring, funding to fall short - UN
2014-12-06 01:57:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The cost of adapting to climate change in developing nations is likely to be two to three times higher than previous estimates, even if planet-warming emissions are cut enough to limit global temperature rise to 2 degrees Celsius, a U.N. report said on Friday. The study said there was a chance that adaptation costs could climb as high as $150 billion a year by 2025 to 2030, and $250-500 billion per year by 2050, compared with earlier estimates of $70-100 billion yearly by 2050. "As world leaders...
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