A new UN report shows a stark contrast in the Asia-Pacific region: these economies powered 60% of global economic growth in 2024, yet many countries remain highly vulnerable to worsening climate impacts. The “Economic and Social Survey of Asia and the Pacific 2025” warns that one-third of Asia-Pacific countries could lose at least 6% of their GDP annually to climate-related disasters. This translates to billions in lost funds that could otherwise support critical public services and infrastructure. “Increasing global economic uncertainty and deepening climate risks are not making it easy for fiscal and monetary policymakers,” said Armida Salsiah Alisjahbana, UN … Continue reading Asia-Pacific Economic Growth Powers 60% Globally but Faces Up to 11% Climate GDP Losses, Warns UN ESCAP Report