Huge Climate Change Costs Could be Averted: Study. By Nina Chestney, Reuters, September 14, 2009. "Climate change could cost some countries up to 19% of their gross domestic product by 2030, a panel including major insurance, banking and consulting companies as well as the European Commission said on Monday... Developing nations will be most vulnerable to the effects of climate change but a lot of their economic loss could be avoided [with pro-active measures], a report [Shaping Climate Resilient Development, PDF, 164 pp] by the Economics of Climate Adaptation Working Group said."
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