India may lose 3-10% GDP annually by 2100 due to climate change, says report


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The report, titled ‘The Costs of Climate Change in India’, looks at economic costs of climate-related risks in the country and points to the possibility of increased inequality and poverty.

India is already experiencing the consequences of 1°C of global warming, it said.

India may lose anywhere around 3-10 per cent of its GDP annually by 2100 and its poverty rate may rise by 3.5 per cent in 2040 due to climate change, according to a report released by the London-based global think tank Overseas Development Institute on Tuesday.

India is already experiencing the consequences of 1°C of global warming, it said. Extreme heatwaves, heavy rainfall, severe flooding, catastrophic storms and rising sea levels are damaging lives, livelihoods and assets across the country, says the report.



Read More at India Express


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