[In the news] Philippines among countries extremely vulnerable to climate change impact – consulting firm -InterAksyon.com
CAGAYAN DE ORO CITY, Philippines — The Philippines is among the countries with the fastest growing populations that are extremely vulnerable to the impacts of climate change, according to the latest release of Maplecroft‘s Climate Change and Environment Risk Atlas.
Maplecroft, a global risk and strategic consulting firm based in Bath, United Kingdom, whose work includes analyzing key political, economic, social and environmental risks impacting global business and investors ranked the Philippines in 10th place in its new Climate Change Vulnerability Index, along with other countries with high population growth such as strategically emerging economies Bangladesh (ranked 2nd), Vietnam (23rd), Indonesia (27th), and India (28th).
These countries are among 30 that Maplecroft rated as “extreme risks.”
Of these, Bangladesh and the Philippines are among the world’s fastest growing economies with growth rates of 6.6 and 5% per annum, respectively.
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