COSTS OF CLIMATE CHANGE IN INDIA
Climate change refers to long-term changes in temperature, precipitation, and other atmospheric conditions on Earth. These changes can result from natural processes, such as volcanic eruptions and variations in solar radiation, or from human activities, particularly the burning of fossil fuels, deforestation, and industrial activities. The increase in greenhouse gas emissions, primarily carbon dioxide (CO₂), methane (CH₄), and nitrous oxide (N₂O), has significantly accelerated global warming, leading to shifts in weather patterns, rising sea levels, and more frequent and severe extreme weather events.
India, with its vast and diverse geography, is highly vulnerable to the impacts of climate change. The country's dependence on agriculture, high population density, and socio-economic disparities make it particularly susceptible to climate-related disruptions. Studying the costs associated with climate change in India is crucial for several reasons:
1.Economic Implications: Understanding the financial burden of climate change can help policymakers allocate resources more effectively and develop strategies to mitigate economic losses.
2.Agricultural Impact: With a large portion of the population reliant on agriculture, climate change can severely affect crop yields, food security, and rural livelihoods.
3.Health and Well-being: Rising temperatures and changing weather patterns can lead to increased incidence of heat-related illnesses, vector-borne diseases, and other health issues.
4.Infrastructure and Urbanization: Extreme weather events, such as floods and cyclones, can cause significant damage to infrastructure, necessitating costly repairs and adaptive measures.