Climate change cost Pakistan $384 billion last year: report

BEIJING: Pakistan has suffered an financial lack of $384 billion on account of excessive climate occasions final yr, based on a brand new local weather change index.

Different international locations together with Bangladesh suffered a lack of $2.eight billion, India misplaced $13.7 billion, Sri Lanka misplaced three billion {dollars}, and China misplaced $30 billion, China World Tv Community (CGTN) reported on Thursday.

Asian international locations are going through probably the most damaging impacts of rising temperatures, elements which can be anticipated to result in a lot of deaths and large financial losses.

On a world scale, Puerto Rico is on the prime of the chart and 5 Asian international locations are among the many prime ten worst-affected international locations on account of excessive climate occasions. Nevertheless, China is now ranked at 31st, a major enchancment from final yr’s rating of 12th.

The index ranked international locations on the premise of monetary loss and the variety of deaths anticipated on account of excessive climate occasions.

Globally, greater than 526,000 folks died as a direct results of greater than 11,500 excessive climate occasions in 2017, and the financial losses on account of local weather change between 1998 and 2017 quantity to round $3.47 trillion, based on the report.

Puerto Rico, Sri Lanka, and Dominica suffered the worst in 2017. Amongst South Asian international locations, Sri Lanka, Nepal, and Vietnam ranked 2nd, 4th and sixth respectively, whereas Bangladesh ranked ninth and Thailand 10th.

Madagascar and Sierra Leone ranked seventh and eighth respectively. “Current storms with depth ranges by no means seen earlier than have had disastrous impacts,” lead creator of the index David Eckstein of Germanwatch stated.

In 2017, Puerto Rico and Dominica have been hit by ‘Maria,’ one of many deadliest and costliest hurricanes on document.

The information additionally revealed that eight of the ten international locations most affected international locations between 1998 and 2017 are growing international locations with low or lower-middle revenue per capita. In Might 2017, heavy rainfall in Sri Lanka killed 200 folks and displaced greater than 600,000.

Additional, rainfalls triggered devastating floods in Nepal, Bangladesh and India, affecting greater than 40 million folks. Round 1,200 folks misplaced their lives and hundreds of thousands have been displaced.

“Poor international locations have been hit the toughest however excessive climate occasions additionally threaten future growth of upper-middle-income international locations and may overburden high-income international locations as effectively,” Eckstein stated.

He added that international locations like Haiti, Philippines, Sri Lanka and Pakistan are repeatedly hit by excessive climate occasions and haven’t any time to get well totally.

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