A recent ADB report predicts that India could face a 24.7% GDP loss by 2070 due to climate change, with overall regional losses reaching 16.9%. Labor productivity, energy demands, and flooding are key factors contributing to these losses. The report underscores the urgent need for significant investment in climate adaptation, estimating annual costs of $102 billion to $431 billion across Asia-Pacific. Immediate action is critical to mitigate these impacts and achieve net-zero emissions by 2070.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.