The cost of adapting to extreme weather events in a changing climate

Bangladesh will require climate-smart policies and investments to make itself more resilient to the effects of climate change, says a World Bank report ‘The Cost of Adapting To Extreme Weather Events in a Changing Climate’. The report estimates that adaptation costs from increased risks of cyclones and inland monsoon floods in a changing climate will be approximately US$5.7 billion by 2050. The report estimates that monsoon floods will affect an additional 2 million people by inundating new areas due to climate change. For cyclonic storm surges, currently 8 million people in the coastal area are vulnerable to inundation depths greater than 3 meters and this number will increase to 13.5 million by 2050. In addition, another 9 million people are expected to be exposed to inundation depths above 3 meter due to climate change.

Related Content