Climate change

The funds, primarily structured as low-interest concessional loans through Germany's development bank KfW, will target key priority areas aligned with India's ambitious climate goals and the broader framework of the Green and Sustainable Development Partnership (GSDP), launched in 2022.

A groundbreaking new report by the International Centre for Integrated Mountain Development (ICIMOD) reveals that the region requires approximately USD 12.065 trillion from 2020 to 2050 to adequately fund climate adaptation and mitigation efforts.

One of the starkest examples is Imja Lake in Nepal’s Everest region. Until the 1960s, it was only a relatively small pool of meltwater high in the mountains.

Bangladesh ranks among the world’s most climate‑vulnerable countries while contributing less than one per cent of global GHG emissions, facing recurring climate induced disasters that damage agriculture, infrastructure and livelihoods, with annual climate finance needs estimated at over USD 26 billion, especially for adaptation and loss and damage.

These signings follow recent ADB commitments totalling $730 million for power transmission and state-owned enterprise reforms, highlighting ongoing multilateral support amid Pakistan’s economic recovery efforts.

The KPMG–UNDRR GETI partnership seeks to translate global DRR frameworks – notably the Sendai Framework for Disaster Risk Reduction 2015–2030 – into practical, scalable actions adapted to India’s context.

In the first quarter of 2025, Bangladesh reported only 641 malaria cases and one death – a dramatic fall from the 13,099 cases and six deaths recorded in 2024, and a far cry from the 84,690 cases and 154 fatalities seen in 2008 at the height of the country’s malaria burden.

Harnessing innovation and resilience could transform it into a global powerhouse; inaction risks deeper food insecurity and economic fragility for millions.