New Climate Crisis Report: Invest $1.8 Trillion Now or Pay Heavier Price Later
The images of the climate crisis are devastating. People around the world, especially the world's poor, are suffering from extreme weather, droughts and wildfires. The latest example was in the wake of Hurricane Dorian, when Bahamans fleeing the wreckage that upended their lives were denied entry to the U.S.
Now a new report from a commission of 34 leaders in politics, scientists and business says that nations rich and poor must invest in adapting to the climate crisis or pay a much heavier price in years to come. Furthermore, an investment now will reap benefits that will outweigh the costs 4 to 1 in the near future, as Agence France Presse (AFP) reported.
Adapt Now: A Gobal Call for Leadership on Climate Resilience by the Global Commission on Adaptation was led by former UN Secretary-General Ban Ki-moon, World Bank chief executive Kristalina Georgieva and Microsoft co-founder Bill Gates.