Climate Finance Gap in India’s Himalayan Region
Recently, a synthesis report by the International Centre for Integrated Mountain Development (ICIMOD) highlighted that India’s Himalayan region requires nearly $102 billion annually for climate change adaptation and mitigation.
- The report focuses on the Hindu Kush Himalaya (HKH) region, spanning 8 countries, and underscores escalating climate risks affecting ecosystems and livelihoods.
Key Findings of the Report
- The HKH region requires USD 768.68 billion annually for combined adaptation and mitigation.
- China (USD 605 bn) and India (USD 102 bn) together account for over 92% of total financial needs.
- Pakistan requires USD 40.12 bn, while Bangladesh and Nepal need USD 8.95 bn each annually.
- Smaller HKH ....
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