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Environment

Guarding Singapore from sea levels to cost $72bn, PM Lee says

Low-lying island-state makes preparations to mitigate impact of global warming

Ships head to the Port of Singapore, one of the busiest cargo ports in the world. The island-state faces risk of rising sea levels. (Photo by Ken Kobayashi)

SINGAPORE (Reuters) -- Protecting Singapore against rising sea levels could cost S$100 billion ($72 billion) or more over 100 years, its prime minister said on Sunday, as the low-lying island-state makes preparations to mitigate the impact of global warming.

"How much will it cost to protect ourselves against rising sea levels? My guess is probably S$100 billion over 100 years, quite possibly more," Prime Minister Lee Hsien Loong said.

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