Among the other interesting facts acknowledged by the World Bank: the costs of dealing with the effects of climate change are already increasingly quickly.
"The global community is badly prepared for a rapid increase in climate change-related natural disasters that by 2050 will put 1.3 billion people at risk," reports Larry Elliott, who is sharing the findings of a report by the World Bank. The amount of worldwide assets at risk because of climate, change, according to the report: $158 trillion, or "double the total annual output of the global economy."
According to Elliott, the report urges "better planning of cities" as a solution to the problem, but the article focuses mostly on risk. And the damage is already taking its toll. According to the report, "Total annual damage – averaged over a 10-year period – had risen tenfold from 1976–1985 to 2005–2014, from $14bn to more than $140bn."
FULL STORY: Climate change puts 1.3bn people and $158tn at risk, says World Bank
Lower Manhattan Climate Resilience Plan Released
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Planetizen Federal Action Tracker
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Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan
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Judge Orders Release of Frozen IRA, IIJA Funding
The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.
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Harvard GSD Executive Education
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