Floods, storms and heat projected to cost SE Asia $34bln per year

Floods, storms and heat projected to cost SE Asia $34bln per year: "Falling crop yields, damage to infrastructure and heat-related illnesses brought on by climate change could cost the four Southeast Asian countries of the lower Mekong River basin $34 billion per year, researchers say.

Southeast Asia is one of the regions hardest hit by the impacts of climate change, such as floods, typhoons, droughts and saltwater intrusion - when seawater flows up rivers, threatening agriculture and infrastructure.

A report released on Monday found that climate change could cost Cambodia, Laos, Thailand and Vietnam $16 billion per year in lost worker productivity, crop production and natural resource assets, plus $18 billion in infrastructure damage because of flooding, storms and extreme heat."



'via Blog this'