Annual losses of Central Asian countries from climate change will reach an average of 3.8 percent of their gross domestic product (GDP). Analysis of the Asian Development Bank (ADB) says.
Experts examined the economic consequences of climate change up to 2100 in the new Asia-Pacific Climate Report.
According to the results of modeling, it was possible to calculate the total climate losses of the countries of the Asia-Pacific region. Under the scenario with high greenhouse gas emissions, they will amount to 17 percent of GDP by 2070. In 30 more years, losses may increase to 41 percent of GDP.
According to the ADB model, Central Asian countries will suffer less from climate change. If greenhouse gas emissions remain high, losses will amount to 0.7 percent of GDP by 2035, 1.7 percent of GDP by 2050, and 3.8 percent of GDP by 2070. By 2100, they could increase to 6 percent of GDP.
At the same time, the average temperature in Central Asia will grow faster than the world average. By 2070, it will rise by 8 degrees. «Heat waves» with temperatures above +35 degrees will occur almost twice as often.
This will affect energy costs and negatively affect labor productivity.
