Monday, February 18, 2013

Typhoon costs in Philippines were 2.9% of GDP in 2009 and have been rising

Thousands of banana trees toppled by Bopha in New Bataan, Philippines. Photograph: Ted Aljibe/AFP/Getty Images
Filipino super-typhoon an ominous warning of climate change impact | World news | The Guardian: "Mary Ann Lucille Sering, head of the Philippine government's climate change commission, is in no doubt her country faces a deepening crisis that it can ill afford, financially and in human terms. Typhoon-related costs in 2009, the year the commission was created, amounted to 2.9% of GDP, she said, and have been rising each year since then."

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