Increasing costs
Business Standard|November 04, 2024
The impact of climate change on output will be large

There is a need to comprehend the macroeconomic ramifications of climate change fully. A report published by the Asian Development Bank (ADB) attempts to estimate the impact of climate change on the gross domestic product (GDP) of countries in the Asia-Pacific region under a high-end greenhouse gas emission scenario. It concludes that India could experience a 24.7 per cent loss in its GDP by 2070, thereby remaining one of the worst-affected countries in the region. The negative economic impact is expected to occur via channels like coastal inundation, lower labour productivity, and lower natural resource productivity, with relative impact concentrated in areas populated by poorer and vulnerable communities.

هذه القصة مأخوذة من طبعة November 04, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 04, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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