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Report: $40.84 Billion Infrastructure in Victoria at Risk Due to Climate Extremes

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Melbourne, May 19 (IANS) More than 57 billion Australian dollars (about $40.84 billion) worth of infrastructure in the Australian state of Victoria is at risk from climate-related extreme weather, said a report released Tuesday.The amount of infrastructure at risk is projected to rise by nearly 25 per cent over the next four decades, said the report by Infrastructure Victoria, the Australian state’s independent infrastructure adviser.The report examined 318 billion Australian dollars’ worth of a…