Climate change to cut South Asia’s growth 9 percent by 2100: ADB

NEW POWER

earthonfire_4646KATHMANDU (Reuters) – Climate change will cut South Asia’s growth almost 9 percent by the end of the century unless world governments try harder to counter global warming, the Asian Development Bank (ADB) said on Tuesday.

The region is home to a fifth of the world’s population and is already vulnerable to climate extremes: seasonal floods, cyclones and droughts that ravage vast swathes of agricultural land and displace hundreds of thousands of people every year.

The costs of countering climate change in South Asia will also increase over time and will be prohibitively high in the long term, the ADB’s “Assessing the Costs of Climate Change and Adaptation in South Asia” report said.

Gross domestic product (GDP) losses are projected at 12.6 percent for the Maldives, 9.9 percent for Nepal, 9.4 percent for Bangladesh and 8.7 percent for India by 2100.

“Without global deviation from a fossil-fuel-intensive path, South Asia…

View original post 316 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s