Extreme

As the reports mention, for example, many of our financial centres are located in costal areas and are vulnerable to, say, a rise in the sea level. Estimates show that a staggering $220 billion worth of assets are in the flood areas of London alone. A disruption in climate could also see agriculture productivity getting adversely affected. Even in developing countries, the sizable share of agriculture and agriculture- related activities in their economies leaves them extremely vulnerable. South Asia is another extreme where, for example, figures show that 61% are dependent on the rural sector. Worse, the surge in the cost of capital and also the cost of insuring the climatic risks will become increasingly unbearable for most of the world economies.

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)