India's rural sector deeply at risk from climate change
by The Daily Eye Team August 20 2014, 9:01 am Estimated Reading Time: 0 mins, 48 secsIndia, one of the largest agrarian economies in the world, is deeply at risk from climate change, and could see economic losses of up to 8.7% of its gross domestic product (GDP) by 2100 if the world fails to respond to a host of climate threats, says a new Asian Development Bank (ADB) climate and economics report for South Asia. ?Agriculture provides employment and livelihood opportunities to most of India?s rural population and changes in temperature and rainfall, and an increase in floods and droughts linked to climate change, would have a devastating impact on people?s food security, incomes, and lives,? said Bindu Lohani, ADB Vice-President for Knowledge Management and Sustainable Development. The report, titled Assessing the Costs of Climate Change and Adaptation in South Asia, predicts the six countries?Bangladesh, Bhutan, India, the Maldives, Nepal, and Sri Lanka?will see an average annual economic loss of 1.8% of their collective GDP by 2050, rising sharply to 8.8% by 2100