Climate change may eat up Bangladesh’s 2pc GDP by 2050: Shahab Uddin

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SANGSAD BHABAN, Mar 10, 2019 (BSS) – Environment, Forest and Climate Change Minister
Md Shahab Uddin today said Bangladesh may incur a loss of its 2 percent GDP by
2050 if the international community fails to take effective measures to cope with
climate change impacts.

“…if the international community fails to take effective measures to cope with
climate change impacts, the country may incur a loss of its 2 percent GDP (gross
domestic product) by 2050 while 9.4 percent of its GDP by 2100,” the minister
said while responding to a starred question placed by treasury bench lawmaker
Nasimul Alam Chowdhury of Cumilla-8 in the parliament with Speaker Dr Shirin
Sharmin Chaudhury in the chair.

Citing the study findings of the World Bank and the Asian Development Bank
(ADB), the environment minister said the country suffered a loss of US$ 1.67
billion, which was equivalent to 6 to 8 percent of its GDP, in 2007 due to a
devastating cyclone induced by global climate change.

He said a countrywide flood caused a loss to 4.8 percent of the country’s GDP in
1998.

Shahab Uddin said the government has been implementing various progarmmes
across the country to cope with the adverse impacts of climate change.