Unabated climate change could severely affect the future growth of these countries, reverse current development gains, and degrade quality of life, the report by the Asian Development Bank (ADB) and the Potsdam Institute for Climate Impact Research (PIK) claimed.
According to the report, Asia has the highest number of people exposed to flooding from possible storm surge events, particularly in the People's Republic of China (PRC), India, Bangladesh, and Indonesia.
"While rice yields could potentially increase in the northern states of India, rice yields may decline by 5 per cent in the 2030s, 14.5 per cent in the 2050s and 17 per cent in the 2080s in the southern states," it said.
The report, titled 'A region at risk: The human dimensions of climate change in Asia and the Pacific', also said different modeling approaches are relatively consistent in terms of projecting a yield reduction in wheat production of 8 per cent in India.
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"Studying the 136 largest coastal cities, the authors estimate that the average global flood losses in 2005 were approximately USD 6 billion per year and will increase to USD 52 billion by 2050.
"Of the top 20 cities with the largest increase of annual losses between 2005 and 2050, 13 are located in Asia- Guangzhou (PRC), Mumbai, Kolkata, Shenzhen (PRC), Tianjin (PRC), Ho Chi Minh City (Viet Nam), Jakarta (Indonesia), Chennai, Surat, Zhanjiang (PRC), Bangkok (Thailand), Xiamen (PRC), and Nagoya (Japan)," it said.
"The global climate crisis is arguably the biggest challenge human civilisation faces in the 21st century, with the Asia and Pacific region at the heart of it all," said Bambang Susantono, ADB Vice-President for Knowledge Management and Sustainable Development.
Professor Hans Joachim Schellnhuber, PIK Director said that the Asian countries hold Earth's future in their hands.
Noting that the challenge is two-fold, he said Asian greenhouse-gas emissions have to be reduced in a way that the global community can limit planetary warming to well below 2 degrees Celsius, as agreed in Paris 2015 while on the other .
"So, on the other hand, Asian countries have to find strategies for ensuring prosperity and security under unavoidable climate change within a healthy global development," he said.
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