The ADB said by meeting the Paris climate deal goals, Asian countries would see better air quality and could avoid nearly 600,000 air pollution-related premature deaths. The Paris Climate Agreement will cost 45 Asian developing countries $ 300bn per year until 2050 , according to research by the Asian Development Bank . Despite requiring massive investment , the bank finds that the resulting economic returns , saved lives and poverty alleviation will ultimately outweigh the costs . With the right strategy , the bank estimates that Asia can generate more than $ 1 in gains for each $ 1 in losses .
The Paris Climate Agreement will cost 45 Asian developing countries $ 300bn per year until 2050 , according to research by the Asian Development Bank . Despite requiring massive investment , the bank finds that the resulting economic returns , saved lives and poverty alleviation will ultimately outweigh the costs . With the right strategy , the bank estimates that Asia can generate more than $ 1 in gains for each $ 1 in losses .