Monday, June 09, 2014

Measure Climate-Related Destruction in the Many Trillions of Dollars:  UN

Up to 100 per cent of coral reefs in some areas of the Caribbean have been affected by bleaching due to thermal stress linked to global warming. Climate threats are projected to push the proportion of reefs at risk in the Caribbean to 90 per cent by 2030 and up to 100 per cent by 2050. (Credit: UNEP) Click to enlarge.
A look at only one subset of negative impacts of global warming - the loss of vital coral reefs - would cost an estimated $11.9 trillion in the coming years.

Measure the cost of destructive climate change-related impacts in the trillions of dollars, says a United Nations report published Thursday.

The report, which focuses on the world's 52 Small Island Developing States (or SIDS) found predominantly in the Caribbean and the South Pacific, highlights how the nations and people least responsible for the climate crisis face the most severe damage.  However, the report notes, the costs associated with the destruction of low-lying nations, coral reefs, and vulnerable coasts will be felt globally.

According to the UN's Environment Program (UNEP), the coral reefs in all SIDS regions are already severely impacted by rising ocean surface temperatures.  And the report says that the global net loss of the coral reef cover - around 34 million hectares over the coming two decades - will cost the international economy nearly $12 trillion, with the economies and very existence of those small nations especially impacted.

Measure Climate-Related Destruction in the Many Trillions of Dollars:  UN

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