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Datawatch

Asia at risk of losing annual $8.5tn from climate change

China and India to be hit hardest; need for infrastructure investment grows

Studies show that global warming is increasing water vapor in the atmosphere, which increases precipitation in certain places. (Source photo from Japan Meteorological Agency)

TOKYO/HONG KONG -- The growing number of natural disasters resulting from climate change is becoming a threat to Asian economies.

Nikkei Asia analyzed data from the non-profit organization World Resources Institute and found that in 2030, the economic output of places around the world that face riverine flood risk would be $17 trillion. Asia accounts for around half of this, at $8.5 trillion, with Asian countries like China and India particularly vulnerable to flooding.

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