Report: Climate change: ‘Invest $1.8 trillion to adapt’

This BBC article discusses the cost of investing in climate change, along with the financial benefits of doing so.

Investing $1.8 trillion over the next decade – in measures to adapt to climate change – could produce net benefits worth more than $7 trillion.

This is according to a global cost-benefit analysis setting out five adaptation strategies.

The analysis was carried out by the Global Commission on Adaptation – a group of 34 leaders in politics, business and science.

They say the world urgently needs to be made more “climate change resilient”.

The commission, led by former UN Secretary-General Ban Ki-moon, World Bank chief executive Kristalina Georgieva and Microsoft co-founder Bill Gates, argues that it is an urgent moral obligation of richer countries to invest in adaptation measures that will benefit the world.

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