Tuesday, December 20, 2016

Climate change to cost $320 million by 2020. To cause slower growth in GDP


Greenhouse gas emissions (GHG) will likely have large direct and indirect economic costs on the country, according to Lebanon's Third National Communication to the UN Framework Convention on Climate Change (UNFCCC). The report was jointly published by the Ministry of Environment, UN Development Programme (UNDP), and the Global Environment Facility (GEF).

The cost of GHG emissions is forecasted to reach $320 million in 2020 and $23.2 billion in 2080.

"Direct costs would materialize...

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