Green House Gas (GHG) emissions will reduce the Gross Domestic Product (GDP) by three percent or $1.6 billion in the next five years. Direct damage caused by climate change is $320 million, bringing the total economic cost to the country to almost $2 billion, according to a report titled: 'Economic Costs to Lebanon from Climate Change: A First Look' just released by the Ministry of Environment and the United Nations Development Programme (UNDP).
The average cost will mostly be borne by h...
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