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ADB: Climate change makes poor poorer in Asia-Pacific

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AP Manila
The Asian Development Bank says climate change has been making the poor in the Asia-Pacific region even poorer and is also setting back efforts to haul them out of poverty.

According to the Manila-based lender, 1.5 million Filipinos have been pushed deeper into poverty and about 6 million lost their jobs in 2013 as a result of Typhoon Haiyan, one of the world's most powerful storms.

In Indonesia, risks of extreme weather events due to climate change have raised the poverty rate to 11.3 per cent up from 3.6 per cent in 2014.

The bank says the best way to help people adapt to climate change is to reduce economic inequality as the poor bear the brunt of natural disasters.

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First Published: Jun 24 2015 | 4:13 PM IST

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