Tuesday, September 13, 2016
Air Pollution in Bangladesh Costs $2.6 Billion Annually
While pollution-related deaths strike mainly young children and the elderly, premature deaths also result in lost labour income for working-age men and women. The study, released on Thursday last, says air pollution robs nations of significant potential to grow, which after being calculated through total ‘welfare losses’ and loss in labour output, reaches a staggering amount especially for developing countries.
Between 1990 and 2013, the total welfare losses in Bangladesh stood at $27.5 billion, making up 6.5% of its GDP. The annual labour income lost from pre-mature deaths by air pollution in Southeast Asia accounted for 0.83% of the region’s GDP in the same year. The aggregate cost of premature deaths was more than US$5 trillion worldwide in 2013. In East and South Asia, welfare losses related to air pollution were the equivalent of about 7.5% of GDP. In 2013, China lost nearly 10% of its GDP, India 7.69%, while Sri Lanka and Cambodia each lost roughly 8%, as a result of pollution-related deaths.
Read the full article @ Dhaka Tribune