"Climate change may cut Pakistan's GDP by 18pc to 20pc": World Bank

According to a report recently published by the World Bank, Pakistan’s annual economic output could see a cut of 18 percent to 20pc by 2050 due to climate change risks. "The combined risks from the intensification of climate change and environmental degradation, unless addressed, will further aggravate Pakistan's economic fragility; and could ultimately reduce annual GDP by 18pc to 20pc per year by 2050, based on the optimistic and pessimistic scenarios," it said.