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INDIA'S CLIMATE AGENDA AND A NEW GREEN ECONOMY

Mint Mumbai

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December 24, 2024

Transition to a green economy could serve as a model for other developing nations

- Vibha Dhawan

INDIA'S CLIMATE AGENDA AND A NEW GREEN ECONOMY

As the threats posed by climate change escalate, countries are having to navigate the challenge of balancing economic growth with environmental sustainability. India, with its large population and rising economic stature, is poised at the vanguard of this endeavor.

As ecological tipping points loom closer, the discourse shifts from mere survival to prospering within a burgeoning green economy.

India's current climate trajectory is characterized by increasingly frequent and severe weather anomalies, from the inundating floods in Mumbai to the relentless heatwaves across Rajasthan. These events affect millions and place substantial strain on national resources. Climate change presents a formidable threat to agriculture, which sustains over half of India's workforce, posing challenges to food security and economic stability.

Yet, within these challenges lies an opportunity for India to transition toward a green economy. This shift could serve as a model for other developing nations, demonstrating viable pathways for economic expansion alongside sustainable practices.

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