KATHMANDU (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…
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