Coastal flood damages in Asia-Pacific could reach $199b annually by 2050: ADB
Coastal flood damages in Asia-Pacific could reach $199b annually by 2050: ADB
Annual coastal flood damages in Asia and the Pacific could rise more than sixfold by 2050 and nearly twentyfold by 2100 without adaptation measures, according to a new report released by the Asian Development Bank (ADB) on Wednesday. The Asia–Pacific Climate Report 2026: Coastal Risks on the Rise—Actions for a Resilient Future warned that annual flood damages across 30 coastal economies could reach $172 billion to $...