Award-winning global movie star and Nepal earthquake survivor Michelle Yeoh travelled back to Kathmandu last week as a United Nations Development Programme (UNDP) Goodwill Ambassador. She visited the capital and surrounding villages and exchanged stories with fellow survivors of overcoming fear and loss and gaining strength and hope.
The World Bank’s Board of Executive Directors today approved $310 million to help Vietnam build climate resilience and ensure sustainable livelihoods of 1.2 million people living in nine Mekong Delta provinces affected by climate change, salinity intrusion, coastal erosion, and flooding.
The Asian Development Bank (ADB) has approved a $100 million loan to strengthen a key irrigation system and improve water management in the Vennar subbasin of the Cauvery delta in Tamil Nadu—one of India’s most water-stressed states.
Studies & Presentations
Recent regional climate change projections have consequences for human systems, particularly for developing countries in Asia and the Pacific.
Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.