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Economics of Climate Change and its Vulnerability all over Nepal for Adaptation and Mitigation

Bista, Raghu (2018): Economics of Climate Change and its Vulnerability all over Nepal for Adaptation and Mitigation. Published in: Journal of Economic Concern , Vol. 9, No. 1 (11 May 2018): pp. 1-11.

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Abstract

Nepal has climate variability in which temperature has slow and gradual growth over time period and the pattern, intensity and distribution of rainfall and precipitation have instable and fluctuation. Its distribution and impact all over the country is different in accordance with altitude, geography and resilience of the community. Climate vulnerability and its effects have heterogeneous pattern across altitude, geography and resilience of the community.

This paper estimated climate vulnerability in the different parts of Nepal through Index Method for finding its rank and distribution by using the secondary data sets of indicators. The estimation result of climate vulnerability of Nepal rank was 0.43. It shows the variation of temperature and rainfall. In its distribution, Kathmandu had 0.61. It was the highest vulnerable district categorized into the Ist Rank. However, Dolpa had 0.18. It was the lowest vulnerable district categorized into 27th Rank. Lamjung District had 0.43. Its rank was 14th. Thus, climate vulnerability occurs heterogeneously all over the country. Therefore, economic policy should be adaptative and mitigative to address climate induced vulnerability and poverty.

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