IPCC: A whopping $500 Billion Will be Needed Annually by 2050 to Adapt to Climate Change

Dec 9th, 2014 | By | Category: IPCC

climate_changeInternational Business Times: As much as $500 billion per year may be needed by 2050 to help developing nations adapt to climate change, according to the United Nations — a significant increase over the $100 billion estimated previously by the UN’s Intergovernmental Panel on Climate Change (IPCC).

The new figures were part of the first ever Adaptation Gap Report the agency released on Friday, which provides “a powerful reminder that the potential cost of inaction carries a real price tag,” Achim Steiner, executive director of the United Nations Environment Programme, said in a statement.




Started in year 2010, ‘Climate Himalaya’ initiative has been working on Mountains and Climate linked issues in the Himalayan region of South Asia. In the last five years this knowledge sharing portal has become one of the important references for the governments, research institutions, civil society groups and international agencies, those have work and interest in the Himalayas. The Climate Himalaya team innovates on knowledge sharing, capacity building and climatic adaptation aspects in its focus countries like Bhutan, India, Nepal and Pakistan. Climate Himalaya’s thematic areas of work are mountain ecosystem, water, forest and livelihood. Read>>

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