Disaster risk reduction

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.

These twin initiatives – ministerial oversight of state action plans and on-ground inspections by CAQM – reflect an intensified government push to address chronic air pollution in the NCR.

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

A key piece of Nepal’s long-anticipated trade infrastructure has stalled dramatically after Beijing informed Kathmandu that it is halting construction of the Rasuwa dry port, a China-funded inland container depot near the Nepal-China border.