The Climate Change Team at the Lebanese Ministry of Environment, with the support of the United Nations Development Programme, has produced a series of climate change studies which delve into the specifics of climate change dynamics in Lebanon.
The ninth dissemination, titled: Economic Costs to Lebanon from Climate Change: A First Look. According to this report, economic damage from climate change on Lebanon could reach more than 80 billion USD in 2040, if the world does not implement quick and serious measures to reduce greenhouse gas emissions. The Lebanese government will bear around 26 billion USD from this economic damage in 2040, according to the assumptions adopted in the study, whereas the Lebanese households will each bear around 60 thousand USD in the same year.
