(The National) - Countries in the Gulf will be required to invest billions of dollars in flood-proofing infrastructure as the region grapples with the “new normal” of extreme weather, a report has found.
A briefing document from Oxford Analytica, an analysis and advisory company, warned the region “has not fully adapted” to the challenges posed by climate change and faces high costs, with each flooding event costing as much as $4.7 billion.
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