Climate change threatens Asia's water and power systems, reports warn
Summary
Climate change is severely impacting Asia's water and power systems, with billions needed to shore up infrastructure amid rising disasters and shortfalls in investment.
Key Points
- Climate change is increasing water-related disasters across Asia, threatening millions and costing billions to address.
- Asia will need $4 trillion for water and sanitation infrastructure between 2025 and 2040, with current funding meeting only 40% of this need.
- Extreme heat and flooding are damaging power utilities, with projected losses rising to $8.4 billion annually by 2050 if adaptation is insufficient.
- Many power companies in Asia lack detailed adaptation plans despite growing impacts from climate change on energy infrastructure.
