The International Centre for Integrated Mountain Development (ICIMOD) has released a report on climate funding for the Hindu Kush Himalaya (HKH) region.
The HKH region includes India, China, Afghanistan, Pakistan, Nepal, Bangladesh, Myanmar, and Bhutan.
India requires about USD 102 billion per year for climate change adaptation and mitigation in this region.
Total funding needed for all HKH countries is USD 768.68 billion per year, based on the First Determination Report of the United Nations Framework Convention on Climate Change (UNFCCC) 2020.
China needs around USD 605 billion per year, Pakistan USD 40.12 billion, and Bangladesh and Nepal USD 8.95 billion each.
The region faces risks like glacial melting, biodiversity loss, and extreme weather events, which threaten ecosystems, livelihoods, and water resources for billions.
The HKH region is crucial for freshwater supply, biodiversity, natural resources, and sustaining downstream populations and industries.
Uneven funding distribution highlights that smaller HKH countries face critical financial gaps relative to their GDPs, making them highly vulnerable to climate change impacts.