Why investing in climate-vulnerable countries makes good business sense
A new flood barrier is being built to prevent climate-induced Flooding in Chittagong in Bangladesh. amdadphoto/Shutterstock.com
At a coastal port in Chittagong, Bangladesh, something remarkable is underway. With support from a US$850 million (£620 million) investment from the World Bank, engineers are building flood-resistant infrastructure that can survive rising seas and stronger storms. A new 3.7-mile-long barrier will protect people, homes, and trade in one of the world’s most climate-vulnerable regions.