Asia-Pacific Climate Report 2024
The Asian Development Bank (ADB) released the Asia–Pacific Climate Report 2024 in October 2024, highlighting the economic impacts of climate change in the Asia-Pacific region.
Key Findings
- Under high-end greenhouse gas emissions, the APAC region could see a 17% reduction in Gross Domestic Product (GDP) by 2070.
- By 2100, this figure may surge to 41% under high GHG emissions.
- India may experience a 24.7% GDP decline by 2070.
- Asia-Pacific contributed 50% of global GHG emissions in 2021.
- Energy sector contributed 77.6% of these emissions.
- 44 economies (98% of regional emissions) ratified the Paris Agreement, and 36 adopted net-zero targets.
Challenges
- Institutional capacity gaps, ....
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