Irish economy vulnerable to effects of climate change – S&P

May 16, 2014 1:34 AM

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Irish economy vulnerable to effects of climate change – S&P

Climate change – including the potential for increasingly volatile and extreme weather – is set to be one of two global "mega trends" driving the credit-worthiness of states, the agency warns in a major new report.

The report shows that poorer countries in Asia, Africa and the Caribbean are most at risk from climate change, but Ireland's reliance on agriculture makes the country particularly vulnerable compared with many other peers in Western Europe.

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