LEADER 02770cam a22003855i 4500001 99131234656606421 005 20180416162019.0 006 m d 007 cr cn||||||||| 008 020129s2017 dcu o i00 0 eng^^ 024 7 10.1596/29205 |2doi 035 (CKB)4920000001210069 035 (The World Bank)29205 035 (US-djbf)29205 035 (EXLCZ)994920000001210069 040 DJBF |beng |cDJBF |erda 110 2 International Finance Corporation. 245 10 Climate Investment Opportunities in South Asia 264 1 Washington, D.C. : |bThe World Bank, |c2017. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Investment Climate Assessment 520 3 South Asia is home to three of the top five countries in terms of vulnerability to climate change globally.It thus urgently needs climate investment to enhance resilience and unlock opportunities for low carbon growth. The region is one of the fastest growing regions in the world; however, estimates suggest that climate impacts could reduce its annual gross domestic product by an average of 1.8 percent by 2050,rising to 8.8 percent by 2100.The good news is that the region has governments that are actively pursuing ambitious policies to address climate change. Moreover, its private sector is already investing in climate-smart sectors, developing new business models and technologies,building more resilient supply chains, and growing their operations in sustainable way.Countries of focus for this report have been identified based on IFC'soperational regional grouping for South Asia, which includes Bangladesh,Bhutan, India, the Maldives, Nepal, and Sri Lanka. All six of these countries have ratified the 2015 Paris Agreement and pledged to tackle climate change in support of it, as part of their ambitious long-term economic growth and sustainable development plans. Almost all the Nationally Determined Contributions (NDCs) across the region make some reference to the private sector's role. Climate business activity in keysectors such as renewable energy, green buildings, and energy-efficiency has increased since the Paris Agreement, boosted by governments' commitments to address climate change. 650 4 Business Environment 650 4 Carbon Policy and Trading 650 4 Climate Change Impacts 650 4 Climate Change Mitigation and Green House Gases 650 4 Corporate Social Responsibility 650 4 Environment 650 4 Macroeconomics and Economic Growth 650 4 Private Sector Development 710 2 International Finance Corporation. 830 0 Investment Climate Assessment. 830 0 World Bank e-Library. 906 BOOK