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ADB: S. Asia on 'Front Lines' of Mounting Climate Costs

South Asian economies stand to lose around 1.3 percent of their collective annual GDP by 2050 even if global temperature increases are kept to 2 degrees Celsius, experts and public officials warn. In the second half of the century, the losses are likely to increase to around 2.5 percent of GDP, warns an analysis by the Asian Development Bank (ADB). But if temperature increases are allowed to increase above 2 degrees Celsius, losses will mount to 1.8 percent of GDP by 2050 and a...

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