Climate Change Could Cost Uzbekistan Up to $5 Bn Per Year

Uzbekistan could lose up to $5 bn annually by 2050 due to the growing impact of climate change. The findings come from a national report published in June 2024. The study was prepared by the Ministry of Ecology of Uzbekistan and the State Center for Climate Change.

Which sectors are most at risk

The agriculture sector alone could suffer up to $2.7 bn in yearly losses. Other vulnerable sectors include water supply, energy, infrastructure, and public health. Without adaptation, total losses could reach 3% of Uzbekistan’s GDP every year.

Why are the risks increasing

The report points to two key threats: rising temperatures and shrinking water availability. Since 1938, the country’s average temperature has increased by 1.6°C. By 2050, glacial melt and changing rainfall may cut the water supply by 15%.

The report urges immediate action. Extreme weather could damage roads and buildings, costing nearly $1 bn per year. Heatwaves and droughts may also impact public health and reduce economic productivity, especially in urban areas.