Post by Pavlina Zdraveva

Thinking about this after spending this #Sunday indoors with the AC running all day during the #heatwave... It made me revisit one finding from the World Bank's North Macedonia Country Climate and Development Report (CCDR) that has stayed with me. The report estimates that without #adaptation #investments, #climatechange related #damages could reach around 4% of GDP annually by 2050. Now compare that with North Macedonia's #economic #performance over the past decade. Real #GDPgrowth has been modest. North Macedonia has struggled to achieve annual GDP growth above 3–4%. These are not directly comparable metrics, but their similar magnitude raises an important question: #Howmuch of our future economic #progress could be #erased simply by #failing to #invest in #resilience #today? We often discuss climate adaptation as an environmental issue. The #CCDR suggests it is equally an economic one. Every #flood avoided, every #resilient #school, every #protected #water #system, every #hectare safeguarded from #drought or #fire is also an investment in preserving future #growth. Perhaps the real #question is not "whether we can afford adaptation?", but... "whether we can afford not to invest in it?" North Macedonia Country Climate and Development Report https://lnkd.in/d3ijYSfy