The social and economic wellbeing of people living in the South Asia region is vulnerable to the impacts of climate-related hazards. The vagaries of the weather have already caused astronomical human and economic losses in this region. A recent World Bank study concluded that without adopting ambitious policies, areas home to 800 million or 44 percent of people in the region today can become moderate or severe climate hotspots by 2050.
The World Bank has launched an initiative to equip governments with the data and evidence they need for risk-informed decision making. The program will also facilitate regional collaboration to help develop standards to inform national climate resilience actions, strategies, and investments.
ADPC and RIMES will be the implementing partners of CARE for South Asia. They discussed operational and technical coordination mechanisms to be put in place for the project implementation.
ADPC and RIMES agreed to build on each other’s comparative technical advantages and inputs for maximizing the implementation and impact of the project which is expected to be launched in June 2020
The proposed project aims to create an enabling environment for climate-resilient policies and investments across South Asia. All SAR countries will benefit from access to climate data and analytics, decision-support systems, guidelines and standards, and capacities for their application. However, Bangladesh, Nepal, and Pakistan will receive direct support on policy reforms, and institutional capacity building to apply the data and knowledge for climate mainstreaming.