Climate Change and Growth in Asia

Climate Change and Growth in Asia

Edited by Moazzem Hossain and Eliyathamby Selvanthan

Climate Change and Growth in Asia is a comprehensive analysis of the major issues of climate change and global warming and their possible impacts on the growth of major Asian economies. The book addresses the climate change crisis in Asia within the context of three major challenges to growth: population, poverty and greenhouse gas emissions.

Preface

Edited by Moazzem Hossain and Eliyathamby Selvanthan

Subjects: asian studies, asian economics, economics and finance, asian economics, environmental economics, environment, asian environment, climate change, environmental economics

Extract

Two interlinked and yet contrasting trends form the basis of the present volume: first, the information and communication technology (ICT) revolution and globalisation-induced trade expansions that have offered Asia unprecedented opportunities for growth, complemented by access to and effective management of knowledge and technology; second, as a counter trend, negative impacts of climate change that stand to significantly retard the growth opportunities in the region in the future. It is also widely recognised that as far as the coastal regions of Asia are concerned, climate change tends to threaten the coastal belt of the Bay of Bengal most, especially because the latter is characterised by high population density and pervasive poverty. Thus, as far as Asia is concerned, the following issues are regarded as relevant for climate change: how and to what extent will climate change affect the growth of Asia, especially the coastal regions? Does climate change stand to take away the further growth opportunities of these countries? In the evolving scenario, what should be done, that is, within the context of perceived climate change risks, what preparedness, mitigation and adaptation plans should be adopted to ensure the sustainable growth of the region? It has been well established that the Bay of Bengal region (southern India and Bangladesh) has enjoyed high to moderate growth over the last decade. The growth of India has been about 8–9 per cent and in Bangladesh it has been 5–6 per cent until the global financial crisis (GFC) hit in 2007. This...