A RECENT report from the Asian Development Fund warns that development gains could be worn away by the rising frequency and ferocity of natural disasters and the degradation of the environment.

Independent Evaluation's 2016 Annual Evaluation Review of ADB's operations and challenges for the region states that "the urgency for countries to adapt to the new environment is growing".

According to Independent Evaluation, emerging risks and destabilisers as diverse as widening income inequality, slower growth and climate change are reshaping Asia's economic landscape at such a rapid pace that governments must build far greater resilience into their national plans.

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Source: The Fiji Times