The Asian Development Bank (ADB) approved a $2 million grant to finance relief efforts in the country following the recent floods and landslides that claimed the lives of over 200 people and damaged the homes and livelihoods of hundreds of thousands more.
Way back in 1972 Prime Minister Indira Gandhi had famously and inextricably linked poverty and environmental pollution at the United Nations Conference on Human Environment in Stockholm. Much earlier, Mahatma Gandhi stated that “The earth provides enough to satisfy every man’s need but not every man’s greed”.
Asia’s urban population is growing at an unprecedented rate. It took 130 years for London to grow from 1 million to 8 million, but Bangkok did it in 45 years, Dhaka in 37 years, and Seoul in only 25 years. Asia’s rapid urbanization—driven by entrepreneurial and commercial dynamism—has been pivotal for its stellar growth, but often to the detriment of urban environments. Increasingly, the environmental downside of urbanization, rather than its economic upside, is in the public eye.
A fast-growing solar power industry in India's Rajasthan will soon be transmitting up to 8,000 megawatts of renewable energy to the national grid.
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.