Asia-Pacific Growth at 60% Now Threatened by Climate Losses

Govind Tekale

Asia-Pacific powers 60% of global growth while facing climate disasters that could cost countries 6% of GDP yearly, warns new UN report.

Photo Source Nathan Hughes Hamilton (CC BY 2.0)

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Cambodia risks losing 11% of its GDP to climate events annually, with Fiji, Myanmar, and Pakistan each facing potential losses of at least 7%

Photo Source: Praveen Chamarthi (Flickr)

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Afghanistan, Iran, Mongolia, and eight other nations face severe climate risks due to fragile infrastructure and heavy reliance on weather-dependent farming

Photo Source: burnt in effigy (CC BY-NC 2.0)

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Climate change will force inflation up by 2+ percentage points by mid-century across multiple Asian economies, further squeezing family budgets

Photo Source: Daniel Foster (CC BY-NC 2.0)

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India, China, and four other countries show better climate preparedness through stronger financial systems, though ESCAP cautions all nations to stay alert

Photo Source: zak zak (CC BY 2.0)

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Economic growth across the region has slipped to 4.8% in 2024, with poorest nations growing at just 3.7%—well short of development targets

Photo Source: Derivative work: Jesuiseduardo (CC BY-SA 4.0)

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The green economy shows promise with renewable energy creating 10.5 million jobs in 2023, offering a path forward if governments act now on climate resilience.

Photo Source: Corvettec6r (CC0 1.0)

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