costs in the billions

If you were holding a gathering of tropical island nations and arctic regions -- those impacted first by climate change -- where would you hold it?
Right, not in the arctic.
Here's a short story on one such meeting, at which University of Alaska Anchorage prof Peter Larsen said up to $10 billion of public infrastructure was at risk because of climate change.
(Thanks to R.A. Dillon for finding the story.)
To see a report Larsen did on the issue, go to my reading library and look under the new stuff.