Climate Change in South Asia: Further Need for Mitigation and Adaptation

Author/Editor:

Ruchir Agarwal ; Vybhavi Balasundharam ; Patrick Blagrave ; Eugenio M Cerutti ; Ragnar Gudmundsson ; Racha Mousa

Publication Date:

August 20, 2021

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

The South Asia region is both a large contributor to climate change and also one of the regions most vulnerable to climate change. This paper provides an overview of the region’s vulnerabilities, national committments to mitigate emissions, and national policies to adapt to a changing climate. The paper also discusses policy measures that may be needed to make further progress on both mitigation and adapatation. Our analysis suggests that while substantial progress is being made, there remains scope to adopt a more cohesive strategy to achieve the region’s goals—including by improving the monitoring and tracking of adaptation spending, and by laying the groundwork to equitably increase the effective price of carbon while protecting low-income and vulnerable households in the region.

Series:

Working Paper No. 2021/217

Frequency:

regular

English

Publication Date:

August 20, 2021

ISBN/ISSN:

9781513590677/1018-5941

Stock No:

WPIEA2021217

Pages:

40

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