Climate Action South Asia: Information Update No. 1 (Development in an Era of Accentuated Climate Risks)
Climate change impacts pose a serious economic threat to South Asian developing member countries (DMCs). These DMCs need strategies and actions to build climate resilience and achieve growth with low or no carbon emissions.
To steer South Asian economies toward green, low-carbon, and climate-resilient development and for these to take hold in South Asia, the countries need (i) better understanding and greater public awareness of the implications of climate change, (ii) climate risks screening and decision-support tools for identifying actions and managing results, (iii) improved governance and institutional capacities to take necessary actions to manage climate change impacts, (iv) funding sources for such actions, and (v) projects and programs demonstrating positive results that can be scaled up.