Climate change likely to shock Bangladesh’s economy severely: Report
Climate change is likely to shock Bangladesh's economy severely and halt its growth as well as threaten its safety and prosperity, said a UN body in its latest report. Climate change-induced economic shocks, including reduced agricultural yields, damaged critical infrastructure, and increased commodity prices, could lead to financial instability in the country, said the United Nations' Intergovernmental Panel on Climate Change (IPCC) Working Group II in its report on Monday. The report suggested that Bangladesh must focus on transformative and multi-sectoral actions to adapt to climate change. The report said continued sea-level rise could force millions from their homes, threatening industry and agriculture because of climate change. Part of the country would lose 31-40% of agricultural output this century to sea-level rise alone because of current carbon emission plans. A third of the country's power plants may need to be relocated over the next decade to avoid flooding from sea-level rise, according to the report. The report further said Bangladesh is among the places that will experience intolerable heat and humidity unless carbon emissions are rapidly eliminated. If emissions continue to rise, parts of Bangladesh would exceed the threshold of heat and humidity in which humans can survive by the end of this century. As a result of climate change and increasing demand for water, about 25% of people in Bangladesh will live with water scarcity by 2050, compared with about 10% now. Both the Ganges and Brahmaputra river basins will also see increased flooding as a result. The report projected that Bangladesh will be hit hard by the effects of climatic changes that happen within its border and elsewhere.
India targets net-zero carbon emissions by 2070, says Modi
India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.
COP26: What climate summit means for one woman in Bangladesh
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Why China's climate policy matters to us all
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Deliver on promises, developing world tells rich at climate talks
A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.