'Paris climate deal will cost Asia $300 bn a year'
The Paris climate change agreement will cost developing Asian economies $300 billion every year till 2050, but can save thousands of lives, according to reports. Shifting to low carbon growth will also help avoid worsening poverty, the reports added. About 200 countries agreed to curb global temperature increase to “well below” 2°C to curb global warming, in Paris last year. 