India could gain $11 trn in 50
years with climate action: Deloitte
India could gain $11 trn in 50 years with climate action: Deloitte report on Business Standard. With no
action taken on climate change, the average global temperatures could rise by 3°C or more by the end of
Economy News Deloitte’s report comes against the backdrop of the
IPCC (Intergovernmental Panel on Climate Change) report that flags
serious concerns related to climate change and its catastrophic impact
on the world due to rising temperature.
Glacial retreat in the Hindu Kush Himalayas; compounding effects of
sea-level rise and intense tropical cyclones leading to flooding; an
erratic monsoon; and intense heat stress are likely to impact India in
recent years, indicated the IPCC report released earlier this month.
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According to Atul Dhawan, Chairperson, Deloitte India, India has a
narrow window time — the next 10 years — to make the decisions
needed to alter the trajectory of climate change.
No one is immune to the impact of climate change but for India, points
out Dhawan, this is a window of opportunity to “lead the way and show
how climate action is not...Read more.
News Source : BS / Business Standard