Four Asian Countries On List Of Most Vulnerable To Climate Change

Four Asian countries have ranked as the most vulnerable to climate change as India, Pakistan, the Philippines, and Bangladesh appear in the list of top five countries likely to be worst affected by a global temperature rise, claimed a HSBC report.

BEIJING, (APP - UrduPoint / Pakistan Point News - 21st Mar, 2018 ) :Four Asian countries have ranked as the most vulnerable to climate change as India, Pakistan, the Philippines, and Bangladesh appear in the list of top five countries likely to be worst affected by a global temperature rise, claimed a HSBC report.

Oman ranked as the fifth most affected country by rising global temperature, according to the report carried by the Chinese media on Wednesday. The bank studied 67 developed and emerging economies and their vulnerability to the physical impacts of climate change, sensitivity to extreme weather events, exposure to energy transition risks and ability to respond to climate change Of the four nations assessed to be most vulnerable, India has said climate change could cut agricultural incomes, particularly in the unirrigated areas that would be hit hardest by rising temperatures and declines in rainfall.

Pakistan, Bangladesh, and the Philippines are susceptible to extreme weather events, such as storms and flooding. The bank also highlighted Pakistan is least equipped to handle the impact of the effect of rising temperatures.

South and Southeast Asian countries accounted for half of the 10 most vulnerable countries.

Oman, Sri Lanka, Colombia, Mexico, Kenya and South Africa are also in this group. The five countries least vulnerable to climate change risk are Finland, Sweden, Norway, Estonia and New Zealand.

The report also highlighted that the 67 countries analyzed had an average decline in per person water availability of 10 percent between 2006 and 2016. Kuwait will have the lowest water availability per capita.

Among the developed and emerging markets, Singapore and the United Arab Emirates will have the lowest per capita water availability, the report maintained. A third of the world's nation-states were included in HSBC's study.

They account for 80 percent of the global population and 94 percent of the global gross domestic product. A recent World Bank report claimed climate change would trigger mass exodus in three regions of the world.

In sub-Saharan Africa a whopping 86 million people are likely to be internally displaced, around 40 million will face the similar fate in South Asia, and Latin America will witness an exodus of 17 million.