India lost 159 billion due to extreme heat report

The rainfall pattern in India has changed over the past 30 years which has impacted many economic activities such as agriculture, forestry and fishing.

Extreme heat resulted in the loss of $159 billion in India, across various key sectors such as services, manufacturing, agriculture and construction, according to the Climate Transparency Report 2022.

Between 2016 and 2021, extreme events such as cyclones, flash floods, floods and landslides caused crop damage on more than 36 million hectares, a loss of 3.75 billion dollars for the farmers in the country.

Annual damage from river floods in the country is expected to increase by around 49% at a warming of 1.5 degrees Celsius. Damage from cyclones will also increase by 5.7%.

The rainfall pattern in India has changed over the past 30 years which has impacted many economic activities such as agriculture, forestry and fishing.

Under the 1.5°C scenario, snowfall in India is projected to decrease by 13% from base period snowfall levels. At 3°C ​​of warming, the decrease is projected to be 2.4 times the 1.5°C scenarios.

“Precipitation is projected to increase by 6% compared to the 1986-2006 reference period, at 1.5°C of warming. Under a 3°C warming scenario, precipitation will increase by three times the predicted precipitation at 1.5°C of warming,” the report said.


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