- October 4, 2017
IMF study: Indian economy among the worst hit by climate change
A recent climate impacts study by the International Monetary Fund shows countries in hotter regions as the worst victims of global warming. India’s per capita output is expected to fall by 1.33%. Bangladesh, Pakistan, Sri Lanka, Indonesia and Malaysia will be similarly affected. The impact on the developed nations, in temperate regions, will be negligible. China’s growth is also estimated to not be much effected. Northern nations such as Russia, Norway and Canada will see their growth improve.
Is India prepared for these predictions? Consider this: while countries are successfully preventing flood related deaths, they are increasing in India. Experts also say, grotesque global economic inequity has triggered a climate crisis and threatens a ‘horrific death for all’.