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Count your climate losses

How recent reports on climate change weigh the economic versus the human cost of the ecological crisis.

Count your climate losses
Protecting a fragile freshwater lens. Thoddoo Island, Maldives. Photo: IWRM AIO SIDS / Flickr

Climate-change-related disasters have swept across Southasia in 2021, with forest fires and floods in the Himalaya, heavy rains followed by deadly floods in Sri Lanka, and severe cyclones in parts of India and Bangladesh. This does not include the confluence of the pandemic with extreme weather, with some recent research suggesting that poor air quality can significantly increase the risk of dying from COVID-19.

Despite its relatively low per capita carbon emissions, Southasia continues to feature prominently in various lists of countries most vulnerable to global climate crisis. As the Asian Development Bank's 2020 report points out, "South Asia is a region… where one can clearly make a case for how countries that have contributed relatively so little to the causes driving climate change stand to lose so much from its adverse effects."

This explainer surveys several recently published reports on climate-change-related casualties and losses in Southasia to make a region-wide assessment of the climate crisis. At the same time, it also examines how these studies, and the institutions undertaking the research, reflect differing definitions of "casualty" or "loss". Some of the best-resourced reports on climate change prioritise not the human cost of climatological disaster, but rather the risk for potential investors interested in developing the region for profit, or the economic losses following extreme weather events. Meanwhile, other reports, particularly those that lack the same access to funding, take a different approach, partnering with local education and research hubs to illustrate climate change from the ground up. We, therefore, found that these reports could be divided into two categories: those that investigate economic risk, capital and development, and those that focus on mortality, health, labour, living conditions, migration and displacement of people.

In order to understand the data presented in each report, it is necessary to understand how each source defines climate-change-induced loss. For instance, we found that financial institutions approached climate change as an economic risk as well as opportunity; research organisations from within the region tended to write about the environment as a vital and traditional lifeline for millions of people; and policy institutions outside Southasia analysed climate change as a factor in international power configurations.