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Climate change to affect Philippines future credit ratings

2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Mirror: The Philippines was cited as one of the countries most vulnerable to the risks, financial or otherwise, of climate change in the Asia-Pacific region, according to a report released by Standard & Poors (S&P) on Friday. Others on the S&P list were Vietnam, Bangladesh, Fiji, Papua New Guinea and Indonesia. Their vulnerability is in part due to their reliance on agricultural production and employment, which can be vulnerable to shifting climate patterns and extreme weather events, but also due...

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