Southeast Asia faces one of the world's highest climate change bills, the Asian Development Bank said on Monday, unless the region adapts to climate change and joins the rest of the world in cutting greenhouse gas emissions.

Southeast Asia is one of the world's most vulnerable regions to climate change and could face conflict over failing rice yields, lack of water and high economic costs, a major Asian Development Bank report shows.

With diminished rice harvests, seawater seeping into aquifers and islands vanishing into rising oceans, Southeast Asia will be among the regions seeing the worst effects of global warming, according to a report released Monday by the Asian Development Bank.
The rise in sea levels may force the sprawling archipelago of Indonesia to redraw its sea boundaries, the report said.

With diminished rice harvests, seawater seeping into aquifers and islands vanishing into rising oceans, Southeast Asia will be among the regions worst affected by global warming, according to a report scheduled for release on Monday by the Asian Development Bank.

The rise in sea levels may force the sprawling archipelago of Indonesia to redraw its sea boundaries, the report said.

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Previous studies demonstrated that the trade in marine turtle products in Viet Nam was threatening local populations. Hawksbill turtles, which comprise most of the illegal trade in Viet Nam, have traditionally been exploited primarily for their shell and there has never been a significant international trade in other products from this species.

Undisclosed Risk focuses on corporate transparency on environmental risks, and lays the groundwork for understanding environmental disclosure and reporting issues in emerging markets through an investor lens.

This report is the first in a series establishing the link between issues like climate change, air pollution, water supply, and natural resource depletion and traditional financial analysis on corporate value and financial strength for companies in six key Asian economies

This latest report warns that South-East Asia will be hit hard by climate change, causing the region

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