Environmental loss in Sundarbans worth Rs 1,290 cr: World Bank

The total figure of Rs 1,290 cr is about 10% of Sundarbans' GDP in 2009

Press Trust of India Kolkata
Last Updated : Feb 22 2015 | 2:56 PM IST
Environmental damage in the climate change-hit islands of Sundarbans is costing India Rs 1,290 crore each year, estimates a latest World Bank report.

The cost of environmental damage associated with ecosystem degradation and biodiversity loss is about Rs 6.7 billion (Rs 670 crore) annually, while the cost of health effects due to poor environment is estimated at Rs 6.2 billion (Rs 620 crore), it says.

The total figure of Rs 1,290 crore is about ten per cent of Sundarbans' GDP in 2009.

Also Read

Released here recently, the report 'Building Resilience for Sustainable Development of the Sundarbans' is prepared by the World Bank in collaboration with the West Bengal government.

"The losses stem from a combination of factors associated with unsustainable and inefficient economic activities - for example, mangrove destruction, impact of cyclones, reduced agricultural yields and unsustainable fisheries - as well as destruction of ecosystem services," the report says.

Sundarbans is an archipelago of 54 islands and is home to about 44 lakh people. A UNESCO World Heritage site, it is hit hard by an increase in floods, storms, salinity and erosion caused by rising sea-levels and global warming.

Damage costs from cyclones were found to be the highest in the research at Rs 2.9 billion and include damages to houses, agriculture, human injuries and fatalities.

UN's Intergovernmental Panel on Climate Change (IPCC) projects an increase in sea level and intensification of present climatic variability.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 22 2015 | 10:05 AM IST

Next Story