ADB warns of severe economic losses for Cambodia from climate change
Hanoi, Oct. 23 -- Cambodia's coastal provinces of Koh Kong, Kampot, Kep and Preah Sihanouk face the risk of severe economic losses due to rising sea levels, coastal erosion and flooding, according to a recent report by the Asian Development Bank (ADB). Across the region, annual economic losses from flooding in 30 coastal economies could reach 172-199 billion USD by 2050. In its Asia-Pacific Climate Outlook 2026: Coastal Risks on the Rise - Actions for a Resilient Future, ADB warns that climate hazards will intensify between now and the end of the 21st century, threatening Cambodia's port operations, fisheries, foreign trade and tourism. The report also calls for stronger international financing mechanisms to limit economic losses and enhanc...
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