Home Capital Calculus Heat, Floods, and Cyclones: New Risks Shaping India’s Economy

Heat, Floods, and Cyclones: New Risks Shaping India’s Economy

India is seeing a spurt in extreme weather events like frequent heat and cold waves, excessive and erratic rainfall, cloudbursts triggering floods and landslides and so on.

It is estimated that in 2024 some part of India experienced extreme weather for little under 300 days.

This is almost the entire year!

Remember, Calcutta nearly drowned last month, when it was struck by a cloudburst.

Why is this happening?

How can businesses and the Indian economy cope with climate risk?

To help unpack this vexing challenge StratNewsGlobal.Tech spoke to Prarthana Borah on Capital Calculus.

She is a sustainability expert, the former Country Director, CDP and at present VP Sustainability at Momentum.

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Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.