Monday, August 24, 2009

AlertNet: investing in developing world better for climate change than cutting emissions

AlertNet reported about a study commissioned by Bjorn Lomborg, head of the Copenhagen Consensus Center, that revealed the huge benefits of investing in adaptation to climate change in the developing world. In fact, the study claims that
A total of $10 trillion spent on adaptation, ranging from research into drought-resistant crops to measures to limit a spread of diseases such as malaria, would provide $16 trillion of economic benefits over the coming century.
The effects of investing in climate change adaptation in the developing world would be much higher, economically spoken, than purely cutting carbon emissions. A combination of both, however, would result in the highest benefits. Up for discussion in Copenhagen this December!

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