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Climate and Development in South Asia

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South Asia is one of the most vulnerable regions to climate shocks. The region is living through a “new climate normal” in which intensifying heat waves, cyclones, droughts, and floods are testing the limits of government, businesses, and citizens to adapt. More than half of all South Asians, or 750 million people in the 8 countries — Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka — were affected by one or more climate-related disasters in the last two decades.  The changing climate could sharply diminish living conditions for up to 800 million people in a region that already has some of the world’s poorest and most vulnerable populations.

At the same time, South Asia is pioneering many climate-smart solutions, including innovative community approaches to coastal resilience, scaling up renewable energy, and regenerative forestry. Accelerating and scaling up these efforts is critical to building resilience to the rapidly warming climate in the region and reducing emissions.

Helping countries combat climate change:

The World Bank Group released its new South Asia Climate Roadmap to help guide its interventions as it implements the World Bank Group Climate Change Action Plan 2.0 in this key region. The Roadmap lays out how the Bank Group will support climate action – both mitigation and adaptation efforts – for our government and private sector clients over the next five years.

The World Bank Group’s South Asia Climate Roadmap will help the region ramp up its climate action in key transitions:

  • The Agriculture, Food, Water, and Land Systems Transition
  • The Energy and Transport Transition
  • The Urban Transition

 


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The World Bank’s climate financing for the South Asia region has risen from $1.4 billion in fiscal year 2017 (July 1, 2016 – June 30, 2017) to $3.7 billion in fiscal year 2021 (July 1, 2019 – June 30, 2021). Last fiscal year, more than $1.9 billion of the climate financing went towards supporting adaptation actions while $1.8 billion went towards climate mitigation actions in the region. In addition to climate financing, the Bank Group is rolling out new Country Climate and Development Reports (CCDRs) in South Asian countries which will aim to inform strategic engagement for climate-aligned development. 


Learn more about how the World Bank is stepping up climate action in South Asia.


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Nepal CCDR launch

NEW: Nepal Country Climate and Development Report

The WBG's Country Climate and Development Report for Nepal underscores the urgency of building resilience to climate change and recommends policies and investments for integrated climate and development solutions for green, resilient, and inclusive development.

Towards green, resilient, and inclusive agriculture development in Nepal

The World Bank's Food and Nutrition Security Enhancement Project aims at enhancing climate resilience and improving agricultural productivity and nutrition practices of 65,000 targeted smallholder farming households in Nepal.
nepal

Story: In Nepal, 2 Major Climate Disasters in a Single Year Highlight the Need to Build Resilience

In 2021, heavy rains, floods and landslides in Nepal claimed dozens of lives, destroyed crops and hundreds of homes. Making Nepal’s mountainous terrain more resilient to an unpredictable and changing climate will require investment in a wide range of solutions.
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World Bank South Asia Climate Roadmap

The new Roadmap to implement the World Bank Group CCAP 2.0 in the South Asia Region aims to help move the region toward climate-smart development.
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Snapshot: Nepal Climate Change Action Plan

Nepal is one of the most vulnerable countries to climate change in the world. The World Bank Group is stepping up its support to help the country address climate-related risks.
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Snapshot: Pakistan Climate Change Action Plan

Climate change poses a major threat to Pakistan’s development and could cause losses of up to 10 percent of GDP per capita in 2100. The WBG is stepping up its support to help the country address climate-related risks and ramp up support in key priority areas.

Indian woman holding a solar lamp. Man drinking water from a faucet in Nigeria. Health care workers at a hospital in Morocco.

World Bank Group Delivers Record $31.7 Billion in Climate Finance in Fiscal Year 2022

The WBG delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is a 19% increase from the $26.6 billion all-time high in financing reached in the previous fiscal year.
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Blog: SouthAsia4Climate

As part of our new climate series on South Asia, #SouthAsia4Climate, we will highlight solutions, innovations, investments that have made a real difference in the lives of people and communities.

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South Asia Builds Climate Resilience, With Steadfast Support from IDA

Across South Asia, IDA and the World Bank have boosted efforts to build climate resilience and adaptation, doubling lending over the past five years to $2.1 billion in 2021.

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Report: To Slow Himalayan Glacier Melt, Curbing Air Pollution is Key

Melting glaciers and loss of seasonal snow pose significant risks not just to the people who live at their foot but to the stability of water resources in the South Asia region more broadly.




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