Last year, Bangladesh experienced a heat wave that resulted in approximately $1.8 billion in financial losses, as per World Bank reports.
In a recent report released by the World Bank, it was revealed that Bangladesh is facing significant challenges due to the rising temperatures affecting the health, productivity, and prosperity of the country.
The report, which was published on Tuesday, indicates that extreme heat in Bangladesh could cost the economy up to $1.78 billion in 2024, equating to approximately 0.4% of the country's GDP. This figure represents the economic loss due to heat-related physical and mental health conditions that wiped out 25 million workdays in the same year.
Jean Pesme, World Bank Division Director for Bangladesh and Bhutan, has emphasized the severity of the issue, stating that the rising temperature in Bangladesh is causing a myriad of problems, from increased diarrhea and respiratory problems to fatigue and mental health issues such as depression and anxiety.
The report urges urgent action to strengthen health systems in Bangladesh, expand urban green spaces, and improve data collection. It also suggests that addressing heatwave impacts is crucial for maintaining sustainable growth in the country.
The report highlights the need for a coordinated approach across sectors to address heatwave impacts effectively. It cites countries like Singapore as examples of how heatwave impacts can be addressed successfully.
Moreover, the report points out that women and older people are particularly at risk from heat-related illnesses in Bangladesh. It calls for improvements in data collection in Bangladesh to better understand and address these issues.
The report also emphasizes the need for international support to help Bangladesh adapt to escalating climate risks. It seeks international financing to aid in these efforts.
Dhaka, Bangladesh's capital, is one of the world's most heat-stressed cities. The "feels like" temperature in Bangladesh has spiked by 4.5 degrees Celsius, making it increasingly difficult for its residents to cope with the heat.
Since 1980, Bangladesh's maximum temperature has increased by 1.1 degrees Celsius. The report suggests that Bangladesh can address heatwave impacts and maintain sustainable growth by building on its climate adaptation experience and taking a coordinated approach across sectors.
The report concludes by stating that extreme heat in Bangladesh is not just a seasonal inconvenience, but its impact is far-reaching, affecting health, productivity, and the country's prosperity. It calls for immediate action to address this pressing issue.
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