Please help us improve PreventionWeb by taking this brief survey. Your input will allow us to better serve the needs of the DRR community.
India's cost of adapting to climate change needs seen at $1 trillion by 2030, report says
India will spend an estimated 85.6 trillion rupees ($1.05 trillion) by 2030 to adapt its various industries to be compliant with climate change norms, a report by the country's central bank said on Wednesday.
[...]
Estimates suggest that green financing requirements in India could be at least 2.5% of GDP annually to address the infrastructure gap caused by climate events.
[...]
The report said a sector-specific approach to climate risk mitigation is called for, in view of the difficult policy trade-offs between containing near-term adverse output impact due to NDC (nationally determined contribution) commitments against larger output losses in the medium-run due to no policy action.
[...]
Is this page useful?
Yes No Report an issue on this pageThank you. If you have 2 minutes, we would benefit from additional feedback (link opens in a new window).
Please note: Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR, PreventionWeb, or its sponsors. See our terms of use