India Faces 24.7% GDP Loss by 2070 Due to Climate Change
India could lose 24.7% of its GDP by 2070 due to climate-related disruptions, warned Union Environment Minister Bhupender Yadav at the World Sustainable Summit organized by The Energy and Resources Institute (TERI) on Wednesday.
Yadav emphasized that the Global South, led by India, is now driving the global climate agenda. He highlighted India’s efforts in reducing greenhouse gas emissions, stating, “In 2020 alone, India cut emissions by 7.93%.” Despite facing severe climate challenges, India continues to push for sustainable solutions.
He urged developed nations to fulfill their financial and technological commitments under the Paris Agreement, stressing the importance of global cooperation in strengthening climate action. He also called for reforms in global governance to ensure eq...