A 4.7-degree rise in temperature will make Indian economy sweat, ADB report reveals

A recent ADB report predicts that India could face a 24.7% GDP loss by 2070 due to climate change, with overall regional losses reaching 16.9%. Labor productivity, energy demands, and flooding are key factors contributing to these losses. The report underscores the urgent need for significant investment in climate adaptation, estimating annual costs of $102 billion to $431 billion across Asia-Pacific. Immediate action is critical to mitigate these impacts and achieve net-zero emissions by 2070.