close
Sunday July 07, 2024

Impacts of climate change on Southeast Asia may be larger: New report

By PPI
January 17, 2016

UNITED NATIONS: New analysis suggests that the impacts of climate change in Southeast Asia may be larger than previously estimated, possibly reaching 11% of gross domestic product by 2100, according to Asian Development Bank (ADB) report.

Southeast Asia is likely to sustain larger economic losses from climate change than most other areas in the world. Moreover, those losses-the collective effect of impacts on agriculture, tourism, energy demand, labor productivity, catastrophic risks, health, and ecosystems may be larger than previously estimated. When these loss estimates are considered simultaneously in the modeling, gross domestic product (GDP) is found to be reduced by 11% in 2100 under the business as usual emissions scenario of this study, which is 60% higher than the earlier ADB assessment.

Climate change is a global concern of special relevance to Southeast Asia, a region that is both vulnerable to the effects of climate change and a rapidly increasing emitter of greenhouse gases. From 1990 to 2010, carbon dioxide (CO2) emissions in Southeast Asia have grown more rapidly than in any other region of the world.