Asia-Pacific Climate Report 2024: Catalyzing Finance and Policy Solutions
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Publication Type:
Publisher:
Asian Development Bank (ADB)
Publication:
October 2024
The report offers an overview of the region’s evolving climate landscape, up-to-date public perceptions, and key areas for policy responses.
The impacts of climate change could reduce gross domestic product (GDP) in developing Asia and the Pacific by 17% by 2070 under a high-end greenhouse gas emissions scenario, rising to 41% by 2100, according to new research from the Asian Development Bank (ADB)
Rising sea levels and falling labor productivity would cause the greatest losses, with lower income and fragile economies hit hardest, said the new research, presented in the inaugural issue of ADB’s Asia-Pacific Climate Report. If the climate crisis continues to accelerate, up to 300 million people in the region could be threatened by coastal inundation, and trillions of dollars of coastal assets could be damaged annually by 2070.
The report offers an overview of the region’s evolving climate landscape, up-to-date public perceptions, and key areas for policy responses.
CONTENTS
- Addressing the Climate Crisis in Asia and the Pacific
- Impacts and Costs of Climate Inaction for Asia and the Pacific
- Accelerating Climate Change Adaptation in Asia and the Pacific
- Scaling Up Private Climate Capital for Mitigation and Adaptation
- Carbon Pricing as a Key Policy for Climate Change Mitigation
