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Asia and Pacific > Maldives

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Cover IMF Working Papers
Climate Change in South Asia: Further Need for Mitigation and Adaptation
Ruchir Agarwal
,
Vybhavi Balasundharam
,
Patrick Blagrave
,
Mr. Eugenio M Cerutti
,
Ragnar Gudmundsson
, and
Racha Mousa
The South Asia region is both a large contributor to climate change and also one of the regions most vulnerable to climate change. This paper provides an overview of the region’s vulnerabilities, national committments to mitigate emissions, and national policies to adapt to a changing climate. The paper also discusses policy measures that may be needed to make further progress on both mitigation and adapatation. Our analysis suggests that while substantial progress is being made, there remains scope to adopt a more cohesive strategy to achieve the region’s goals—including by improving the monitoring and tracking of adaptation spending, and by laying the groundwork to equitably increase the effective price of carbon while protecting low-income and vulnerable households in the region.
Keywords:
South Asia region; mitigation policy; policy measure; climate change in South Asia; power generation; Climate change; Climate finance; Natural disasters; Greenhouse gas emissions; South Asia; Global; Asia and Pacific