India Lose $159 Billion In 2021 Due To Heat Related Earning Losses, Worse Among G20 Nations
India is the worst affected among G20 nations by carbon emission-induced rise in temperatures, losing $159 billion ( 5.4% of its GDP ) in 2021 due to labour capacity reduction caused by extreme heat. This is revealed in a report by Climate Transparency(CT), commissioned by G20 (Group of 20 countries including India) & financed by sponsors that include World Bank. According to the report, carbon emissions from energy use rebounded by 5.9 % across G20 nations last year. It surpassed pre-pandemic levels, causing house income losses in the services, manufacturing, agriculture & construction sectors. The CT, an international partnership of … Continue reading India Lose $159 Billion In 2021 Due To Heat Related Earning Losses, Worse Among G20 Nations
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