Victoria faces $1 trillion disaster costs by 2100 due to climate change

ABC News April 22, 2024, 10:00 PM UTC

Summary: Victoria's infrastructure faces $1 trillion in disaster recovery costs by 2100 due to climate change. Infrastructure Victoria suggests cost-effective solutions to protect against extreme weather, estimating $5.10 return for every dollar spent on preventative maintenance. Simple actions like drainage clearing and vegetation management could yield $11.52 in benefits under future conditions. Adapting infrastructure is crucial to reduce harm and disaster recovery costs.

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