Climate change will cause 'serious economic losses' in Pacific | Bangkok Post: news

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Climate change will cause 'serious economic losses' in Pacific

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The Pacific region faces serious economic losses due to climate change and it is critical that nations causing the problem step in to help, the Asian Development Bank said Tuesday. 

The resort region of Muri on the Eastern side of the Island of Rarotonga, the largest island in the Cook Islands is viewed from the air on August 30, 2012

A new report by the bank released in Sydney, "Economics of Climate Change in the Pacific", showed that losses would range between 2.9 percent and 15.2 percent of annual gross domestic product by 2100.

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