Investments must prevent the climate damage

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Substantial investments are needed to protect countries against the effects of climate change. In 2030, more than 100 million people could fall below the poverty line, says a report from the Global Commission on Adaptation, an international climate committee initiated by Minister of Infrastructure and Water Management, Cora van Nieuwenhuizen.

According to the committee, between 2020 and 2030 worldwide 1600 billion euros must be invested in five areas. These investments can generate a return of more than 6000 billion euros. This concerns early signaling systems, climate-proof infrastructure, improving agriculture in arid areas, the protection of mangroves and investments to make water resources sustainable.

The Netherlands will hold a world summit in 2020 at which an action plan against climate change will be presented.

The World Wide Fund for Nature welcomes the fact that the Global Commission on Adaptation (GCA) mentions nature as the first line of defense in the fight against climate change. “With its knowledge of water management, the Netherlands can become a guide country in developing natural solutions,” said the organization.

“It’s up to minister”

“Nature offers solutions against rising sea levels, floods and for seasons of drought and heat waves. It is therefore up to Minister Van Nieuwenhuizen to also take that course in the Netherlands. Not even higher dikes and sheet piling, but natural measures such as salt marshes and giving space to rivers. And no artificial reservoirs, but peat meadow areas and forests that retain water for times of drought. With new nature and forest, we make the landscape more beautiful and we also capture CO2. “

About the author

Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at [email protected]

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