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

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

No 2021/217, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: South Asia region; mitigation policy; policy measure; climate change in South Asia; power generation; Climate change; Climate finance; Natural disasters; Greenhouse gas emissions; South Asia; Global; Asia and Pacific (search for similar items in EconPapers)
Pages: 40
Date: 2021-08-20
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