Climate Investment Opportunities in South Asia

South Asia is home to three of the top five countries in terms of vulnerability to climate change globally.It thus urgently needs climate investment to enhance resilience and unlock opportunities for low carbon growth. The region is one of the fast...

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Main Author: International Finance Corporation
Format: Report
Language:English
Published: Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/557171515581608419/Climate-investment-opportunities-in-South-Asia-an-IFC-analysis
http://hdl.handle.net/10986/29205
id okr-10986-29205
recordtype oai_dc
spelling okr-10986-292052021-05-25T09:09:57Z Climate Investment Opportunities in South Asia International Finance Corporation CLIMATE RESILIENCE CLIMATE IMPACT FINANCE CARBON POLICY CARBON PRICING ENERGY EFFICIENCY TECHNOLOGY INNOVATION South Asia is home to three of the top five countries in terms of vulnerability to climate change globally.It thus urgently needs climate investment to enhance resilience and unlock opportunities for low carbon growth. The region is one of the fastest growing regions in the world; however, estimates suggest that climate impacts could reduce its annual gross domestic product by an average of 1.8 percent by 2050,rising to 8.8 percent by 2100.The good news is that the region has governments that are actively pursuing ambitious policies to address climate change. Moreover, its private sector is already investing in climate-smart sectors, developing new business models and technologies,building more resilient supply chains, and growing their operations in sustainable way.Countries of focus for this report have been identified based on IFC’soperational regional grouping for South Asia, which includes Bangladesh,Bhutan, India, the Maldives, Nepal, and Sri Lanka. All six of these countries have ratified the 2015 Paris Agreement and pledged to tackle climate change in support of it, as part of their ambitious long-term economic growth and sustainable development plans. Almost all the Nationally Determined Contributions (NDCs) across the region make some reference to the private sector’s role. Climate business activity in keysectors such as renewable energy, green buildings, and energy-efficiency has increased since the Paris Agreement, boosted by governments’ commitments to address climate change. 2018-01-22T17:31:09Z 2018-01-22T17:31:09Z 2017 Report http://documents.worldbank.org/curated/en/557171515581608419/Climate-investment-opportunities-in-South-Asia-an-IFC-analysis http://hdl.handle.net/10986/29205 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation Washington, DC Economic & Sector Work :: Investment Climate Assessment Economic & Sector Work South Asia South Asia Bangladesh Bhutan India Maldives Nepal Sri Lanka
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CLIMATE RESILIENCE
CLIMATE IMPACT
FINANCE
CARBON POLICY
CARBON PRICING
ENERGY EFFICIENCY
TECHNOLOGY
INNOVATION
spellingShingle CLIMATE RESILIENCE
CLIMATE IMPACT
FINANCE
CARBON POLICY
CARBON PRICING
ENERGY EFFICIENCY
TECHNOLOGY
INNOVATION
International Finance Corporation
Climate Investment Opportunities in South Asia
geographic_facet South Asia
South Asia
Bangladesh
Bhutan
India
Maldives
Nepal
Sri Lanka
description South Asia is home to three of the top five countries in terms of vulnerability to climate change globally.It thus urgently needs climate investment to enhance resilience and unlock opportunities for low carbon growth. The region is one of the fastest growing regions in the world; however, estimates suggest that climate impacts could reduce its annual gross domestic product by an average of 1.8 percent by 2050,rising to 8.8 percent by 2100.The good news is that the region has governments that are actively pursuing ambitious policies to address climate change. Moreover, its private sector is already investing in climate-smart sectors, developing new business models and technologies,building more resilient supply chains, and growing their operations in sustainable way.Countries of focus for this report have been identified based on IFC’soperational regional grouping for South Asia, which includes Bangladesh,Bhutan, India, the Maldives, Nepal, and Sri Lanka. All six of these countries have ratified the 2015 Paris Agreement and pledged to tackle climate change in support of it, as part of their ambitious long-term economic growth and sustainable development plans. Almost all the Nationally Determined Contributions (NDCs) across the region make some reference to the private sector’s role. Climate business activity in keysectors such as renewable energy, green buildings, and energy-efficiency has increased since the Paris Agreement, boosted by governments’ commitments to address climate change.
format Report
author International Finance Corporation
author_facet International Finance Corporation
author_sort International Finance Corporation
title Climate Investment Opportunities in South Asia
title_short Climate Investment Opportunities in South Asia
title_full Climate Investment Opportunities in South Asia
title_fullStr Climate Investment Opportunities in South Asia
title_full_unstemmed Climate Investment Opportunities in South Asia
title_sort climate investment opportunities in south asia
publisher Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/557171515581608419/Climate-investment-opportunities-in-South-Asia-an-IFC-analysis
http://hdl.handle.net/10986/29205
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