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

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

August 20, 2021

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Ruchir Agarwal, Vybhavi Balasundharam, Patrick Blagrave, Eugenio M Cerutti, Ragnar Gudmundsson, and Racha Mousa. Climate Change in South Asia: Further Need for Mitigation and Adaptation, (USA: International Monetary Fund, 2021) accessed September 19, 2024

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.

Subject: Climate change, Climate finance, Environment, Greenhouse gas emissions, Natural disasters

Keywords: Asia and Pacific, Climate change, Climate change in South Asia, Climate finance, Global, Greenhouse gas emissions, Mitigation policy, Natural disasters, Policy measure, Power generation, South Asia, South Asia region

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2021/217
Stock No:

WPIEA2021217
ISBN:

9781513590677
ISSN:

1018-5941

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