CLIMATE CHANGE RISKS- Nepal

Climate change-driven events including melting of glaciers pose a grave risk to Nepal’s economy, according to Asian Development Bank (ADB) report. As per the report, the changes can cause losses equal to almost 10 per cent of the country’s annual gross domestic product (GDP) by 2100. The ADB has identified Nepali as "extremely vulnerable, not only to the immediate threats of increasingly frequent glacial lake overflows, landslides, flash floods, and droughts, but also to longer-term climate change. According to the study damage could be limited to around 2.4 per cent of GDP by 2100, if mitigation and adaptation measures are taken.  However, Nepal’s agriculture sector will reap some short-term gains from warmer temperatures and melting snow and ice.

August 19
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