The Business Standard: Climate change likely to shock Bangladesh’s economy severely: Report

The report suggested that Bangladesh must focus on transformative and multi-sectoral actions to adapt to climate change.

Climate change-induced economic shocks, including reduced agricultural yields, damaged critical infrastructure, and increased commodity prices, could lead to financial instability in the country, said the United Nations’ Intergovernmental Panel on Climate Change (IPCC) Working Group II in its report on Monday.

The report suggested that Bangladesh must focus on transformative and multi-sectoral actions to adapt to climate change.

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