Climate Disasters Cost Arab Nations $12 Billion, World Bank Says
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Disasters related to global warming have cost Arab nations $12 billion in the past 30 years and will accelerate as climbing temperatures make many cities in the region unlivable, the World Bank said in a report.
Without curbs on fossil-fuel emissions, the region can expect average temperatures to rise 6 degrees Celsius by the end of the century, triple the target agreed on at United Nations climate talks and higher than the World Bank’s 4-degree estimate for the world.