India to spend ₹57 trillion more by 2030 on climate adaptation
Financial Express Mumbai|December 10, 2023
₹13.35 TRILLION SPENT IN 2021-22 ON CLIMATE ADAPTATION
AMITABH SINHA
India to spend ₹57 trillion more by 2030 on climate adaptation

INDIA SPENTABOUT 13.35 trillion in 2021-22 on climate adaptation-relevant expenditure, and expects to incur another about 57 trillion over the next seven years, till 2030, for this purpose, India told the UN Climate Change in its latest submission that includes its first assessment of adaptation requirements.

But this is only in the businessas-usual scenario, that is in case the climate vulnerability does not deteriorate further during this period. Climate induced damages could escalate this amount by another 15.5 trillion.

Adaptation efforts are meant to reduce the impacts of climate change. Along with mitigation, or reduction of greenhouse gas emissions, adaptation is a central pillar of global climate action. Actions like creating sea-walls to protect against rising sea levels, development of temperature-resilient crops, heat-action plans, early warning systems, creation of disaster-resilient infrastructure are examples of adaptation activities.

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