India Must Protect Its Coasts as Climate Finance Dwindles – Financial Post
India’s vulnerable coasts should become pivotal to the country’s resilience strategy, in the absence of adequate financial support from richer economies, government advisers told the administration.
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(Bloomberg) — India’s vulnerable coasts should become pivotal to the country’s resilience strategy, in the absence of adequate financial support from richer economies, government advisers told the administration.
The South Asian nation’s densely populated coasts, stretching for 7,600 kilometers (4,700 miles) and dotted with islands, make adaptation urgent in the face of threats like high tide flooding, storms and a rise in sea levels, according to the Economic Survey released on Friday, which presents recommendations for the government ahead of the annual budget.
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India is the seventh most climate-vulnerable country, and the failure of developed nations to commit sufficient finance for mitigation means it will have to deal with a growing exposure to climate-change-driven extremes, the report stated.
India’s pledges under the Paris Agreement have largely focused on cutting emissions by adding renewables and offsetting some of the growing energy demand that is still met through fossil fuels. The country also plans to reduce its emission intensity, the amount of greenhouse gases produced per unit of GDP, by 45% by the end of the decade compared to 2005 levels.
India’s economic advisers put a sharper focus on adaptation, adding that “while greenhouse gas emissions are a global bad and the benefits of mitigation are diffused,” vulnerable nations “have to bear a disproportionate burden of climate change.”
As part of this effort, the government proposed a large scale deployment of nature-based solutions such as mangrove and coral reef restoration, along with an assessment of the cumulative vulnerability of the country’s coasts, to facilitate the design of adaptive measures.
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Author of the article:
You can save this article by registering for free here. Or sign-in if you have an account.
(Bloomberg) — India’s vulnerable coasts should become pivotal to the country’s resilience strategy, in the absence of adequate financial support from richer economies, government advisers told the administration.
The South Asian nation’s densely populated coasts, stretching for 7,600 kilometers (4,700 miles) and dotted with islands, make adaptation urgent in the face of threats like high tide flooding, storms and a rise in sea levels, according to the Economic Survey released on Friday, which presents recommendations for the government ahead of the annual budget.
Subscribe now to read the latest news in your city and across Canada.
Subscribe now to read the latest news in your city and across Canada.
Create an account or sign in to continue with your reading experience.
Create an account or sign in to continue with your reading experience.
India is the seventh most climate-vulnerable country, and the failure of developed nations to commit sufficient finance for mitigation means it will have to deal with a growing exposure to climate-change-driven extremes, the report stated.
India’s pledges under the Paris Agreement have largely focused on cutting emissions by adding renewables and offsetting some of the growing energy demand that is still met through fossil fuels. The country also plans to reduce its emission intensity, the amount of greenhouse gases produced per unit of GDP, by 45% by the end of the decade compared to 2005 levels.
India’s economic advisers put a sharper focus on adaptation, adding that “while greenhouse gas emissions are a global bad and the benefits of mitigation are diffused,” vulnerable nations “have to bear a disproportionate burden of climate change.”
As part of this effort, the government proposed a large scale deployment of nature-based solutions such as mangrove and coral reef restoration, along with an assessment of the cumulative vulnerability of the country’s coasts, to facilitate the design of adaptive measures.
Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.
365 Bloor Street East, Toronto, Ontario, M4W 3L4
© 2025 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.
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You can manage saved articles in your account.
and save up to 100 articles!
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source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
