News Snapshot:
Climate change and economic growth nexus in South Asia Sunday, 27 December 2020 Alexander Ayertey Odonkor Flood in India. Image: Mark Powell Data from the Asian Development Bank (ADB) suggest that by 2050 climate change could reduce economic growth in South Asia by 1.8% per year. The decline in economic growth could reach an average of 8.8% per year by 2100. By 2050, countries such as Nepal, Bangladesh, India, Bhutan, and Sri Lanka are expected to experience a drop in gross domestic product (GDP) growth of 2.2%, 2.0%, 1.8%, 1.4%, and 1.2%, respectively. Among all the countries in South Asia,...
