Monday, February 19, 2024
Monday, February 19, 2024
Home » South and South-East Asian Sovereigns Exposed to Flooding Risks

South and South-East Asian Sovereigns Exposed to Flooding Risks

by Long Nisay
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Several sovereigns in the Asia-Pacific region are highly exposed to physical risks from climate change, while their capacity for adaptation is limited, particularly those with lower GDP per capita, weaker governance and infrastructure preparedness. Fitch Ratings believes international financing for adaptation and green transition purposes may help fill funding gaps for some sovereigns at the margins, but this is likely to be a small portion of overall funding needs.

Source: Fitch Ratings

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