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.
In light of the growing prevalence of natural disasters and increased vulnerability to climate change in South Asia, the European Union delegation to Nepal hosted a regional conference on disaster risk reduction and climate change adaptation on Kathmandu, on May 26-27.
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
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.
The Pacific Possible: Climate change and Disaster Resilience report highlights the costs of making Pacific coastlines more resilient to climate change, which vary between one and thirteen percent of GDP across all Pacific Island countries, with higher costs in atoll island states such as Kiribati and Marshall Islands.