Annual losses of Central Asian countries from climate change will reach an average of 3.8 percent of their gross domestic product (GDP), according to an analysis by the Asian Development Bank (ADB).
In a new Asia-Pacific climate report, experts looked at the economic impacts of climate change through 2100.
According to the modeling results, 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 another 30 years, the losses may grow to 41 percent of GDP.
According to the ADB model, Central Asian countries will suffer less from climate change. If high greenhouse gas emissions persist, losses will amount to 0.7 percent of GDP by 2035, 1.7 percent of GDP by 2050, 3.8 percent of GDP by 2070. By 2100, they may 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 impact energy costs and have a negative impact on labor productivity.
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