World Bank Says South Asia Faces Daunting Climate Change

Kathmandu, Nepal (AHN) – South Asia faces daunting climate-related development changes, a top World Bank (WB) climate economist has said.

The economist also listed poverty and population increase, urbanization, water shortage and natural disasters as four key factors that could make the region vulnerable to the impact of a changing climate.

“Even small climate shocks can cause irreversible losses and tip a large number of people into destitution,” said the WB’s lead environmental economist Richard Damania.

His warning came as climate officials, experts and donor representatives from across the region this week gathered to the Nepali capital of Kathmandu to forge regional cooperation for offsetting the potential climate crisis.

AHN