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

40 Pages Posted: 4 Feb 2022

See all articles by Ruchir Agarwal

Ruchir Agarwal

International Monetary Fund (IMF)

Vybhavi Balasundharam

International Monetary Fund (IMF)

Patrick Blagrave

International Monetary Fund (IMF)

Eugenio Cerutti

International Monetary Fund (IMF); Johns Hopkins University

Ragnar Gudmundsson

International Monetary Fund (IMF)

Racha Moussa

International Monetary Fund (IMF)

Date Written: August 1, 2021

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

JEL Classification: Q20, Q28, Q54, Q50

Suggested Citation

Agarwal, Ruchir and Balasundharam, Vybhavi and Blagrave, Patrick and Cerutti, Eugenio and Gudmundsson, Ragnar and Moussa, Racha, Climate Change in South Asia: Further Need for Mitigation and Adaptation (August 1, 2021). IMF Working Paper No. 2021/217, Available at SSRN: https://ssrn.com/abstract=4026417

Ruchir Agarwal (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Vybhavi Balasundharam

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Patrick Blagrave

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Eugenio Cerutti

International Monetary Fund (IMF) ( email )

700 19th Street N.W.
Washington, DC 20431
United States

Johns Hopkins University ( email )

Baltimore, MD 21218
United States

Ragnar Gudmundsson

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Racha Moussa

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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