Climate change to cost poor states $100 bln/yr - study


BANGKOK (Reuters) - Developing countries will need to spend as much as $100 billion annually for the next 40 years to adapt to more extreme and severe weather changes, according to a World Bank study issued on Wednesday.

The report said poorer countries would need to invest in large-scale infrastructure projects to cope with floods, drought, heatwaves and more frequent and intense rainfall if the Earth's temperature rose by 2 degrees Celsius by 2050.

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