Climate damage to Philippine ports could cost US$70b a year by 2100
The Philippines faces the highest climate-driven port damage costs in Southeast Asia, with annual losses projected to hit US$70.2 billion by 2100, the Asian Development Bank (ADB) has warned.
Analysts say the damage could cripple supply chains, drive up food prices and threaten livelihoods, urging Manila to adopt a more coordinated approach to flood protection rather than simply strengthening port infrastructure.
In its latest report titled “Asia-Pacific Climate Report 2026: Coastal Risks on the Rise – Actions for a Resilient Future”, the ADB said the Philippines could sustain US$20.6 billion in port damage under a moderate-emissions scenario, in which sea levels were projected to rise by 50cm to 80cm.
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