Climate impacts could have further ripple effects on Cambodia’s economy, says World Bank

Climate projections suggest that future flood risk and heat stress will worsen in Cambodia if proper actions have not been taken to address these impacts, said a World Bank’s Cambodia Country Climate and Development Report released here on Tuesday.

“Without proper adaptation and mitigation measures, climate change could cost up to 9 percent of Cambodia’s GDP by 2050 while increasing the poverty rate by up to 6 percentage points by 2040,” the report said.

Cambodia is already heavily affected by climate change, the report said, adding that increased variability in rainfall patterns is causing more frequent droughts and more frequent and intense floods.

In full: https://www.thestar.com.my/aseanplus/aseanplus-news/2023/10/31/climate-impacts-could-have-further-ripple-effects-on-cambodia039s-economy-says-world-bank

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