The notion of a ‘triple planetary’ crisis encompassing climate change, pollution and biodiversity loss has become outdated in the face of complexities captured by the relatively new term ‘polycrisis.’ This modern challenge involves the intertwining of climate change, environmental disruptions, widening social inequalities, pandemic effects and geopolitical polarization. In the context of India’s ambitious pursuit of rapid economic growth amid multiple crises, addressing the climate-development nexus is imperative. The impact of climate change and the depletion of resources holds profound implications for the country’s growth trajectory, particularly with a burgeoning population and its escalating demands. Amid these considerations, preserving limited natural resources, especially precious water resources, is a critical priority.
At the recently concluded CoP-28 summit held in Dubai under the aegis of the United Nations Framework Convention on Climate Change, countries agreed on the need to “drive water up the climate agenda," focusing on freshwater ecosystems, urban water resilience and water-resilient food systems.
Highlighting the gravity of the situation, data from the World Bank underscores the fact that water scarcity could depress growth in gross domestic product (GDP) by 6-14% across significant regions in Africa, Asia and the Middle East. This shows the link between climate solutions, development initiatives and water-related challenges. For India, integrating water solutions with its climate and development strategies is of paramount importance in navigating the multifaceted challenges posed by the current polycrisis.
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