9th December 2009
EDITOR
From Wednesday's Globe and Mail
Last updated on Wednesday, Dec. 09, 2009 01:49AM EST
New research highlights the devastating financial impact of failing to stop climate change. Lower agricultural yields, less water and increased health-care needs are among the costly results, with some of the world's fastest-growing economies among the most financially vulnerable.
CANADA - Less vulnerable
-Agricultural output to increase
-Water availability to decline by 8 per cent per capita by 2020
-Increasing Prairie droughts
-Forest damage from fires and infestations
UNITED KINGDOM - Marginally vulnerable
-Agricultural sector to see some positive impacts
-Water availability per capita to decline 4 per cent
-Hydro power potential to increase by 3.7 per cent by 2025
-Rising sea levels to threaten London's infrastructure
INDIA - Highly vulnerable
-Water availability to decrease as much as 15 per cent per capita by 2020
-Cereal production to decline as much as 25 per cent per capita
-Increase of 70 per cent in climate-related health issues
-Sea level rise to threaten major cities
CHINA - Highly vulnerable
-Cereal production to drop as much as 8 per cent
-Already scarce water availability to decline by 8 per cent per capita by 2020
-Malaria, malnutrition, diarrhea and flood-related diseases to increase threefold by 2020
-Increased demand for electricity and lower production
UNITED STATES - Moderately vulnerable
-Water availability to fall 10 per cent per capita
-Cereal production to decrease up to 15 per cent
-New York is the third most exposed city in the world in terms of value of assets at risk from rising sea levels
-Manifold increases in losses due to hurricanes
BRAZIL - Highly vulnerable
-Per capita water availability to decrease by 29 per cent
-Cereal production per capita to decline by up to 9 per cent by 2020
-Climate-related health issues to increase threefold
-Amazon rain forest to dry out
THE GLOBE AND MAIL / SOURCE: HSBC CLIMATE CHANGE CENTRE OF EXCELLENCE; SHAWN McCARTHY