‘Climate adaptation investment can help Nigeria avoid $19.9b GDP loss’

By investing $1.5 billion in climate adaptation, Nigeria can prevent climate damages and about $19.9 billion in GDP loss to its economy, a study by Standard Chartered has shown.
 
The study, ‘The Adaptation Economy’, which investigates the need for climate adaptation investment in 10 markets, including Nigeria, China, India, Bangladesh, and Pakistan, revealed that without investing a minimum of $30 billion in adaptation by 2030, these markets could face projected damages and lost GDP growth of $377 billion – over 12 times that amount.
 
More details at:
https://guardian.ng/business-services/climate-adaptation-investment-can-help-nigeria-avoid-19-9b-gdp-loss
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