MANILA, Oct 22 (Bernama-Xinhua) -- Asia-Pacific coastlines face growing threats as sea levels rise and floods intensify, but investing in resilience could generate benefits up to 20 times greater than the cost, according to an Asian Development Bank (ADB) report, Xinhua reported.
World : ADB Report Calls For Action As Asia-pacific Coasts Face Mounting Flood Risks
asia pacific coastlines, threats, sea levels, adb
Key takeaways
An Asian Development Bank report warns that Asia-Pacific coastal flood damages could rise twentyfold by 2100 without adaptation. It states that investing in resilience could yield benefits up to twenty times greater than the cost.
- Annual flood damages in the region could reach US$520 billion to US$739 billion by 2100.
- Over 400 million people in the Asia-Pacific region live within 10 kilometres of the sea.
- In atoll nations, annual flood damage could reach 30 to 60 percent of GDP by 2100.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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