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Climate resilience must be at the core of growth
Capital Information
|June 06, 2025
India has recently achieved a remarkable milestone by becoming the world's fourth-largest economy, surpassing both Japan and Germany.
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This achievement highlights the country's strong economic growth, expanding international influence, and increasing economic resilience. As India aspires to become a fully developed nation by 2047, marking the hundredth anniversary of its independence, there is a strong sense of optimism that prevails. Nevertheless, this aspiration is overshadowed by significant challenges, especially those arising from climate change and natural disasters. If India does not incorporate climate and disaster resilience into its fundamental development goals, it may jeopardise the numerous economic gains it has worked so hard to achieve.
The effects of climate change and associated disasters pose serious limitations on development, disrupting business activities, damaging infrastructure, and jeopardising supply chains — concerns that are particularly relevant for developing countries like India. With the rising frequency and severity of climate-related disasters, their impacts are being felt across multiple sustainable development goals, especially those associated with economic growth, trade, transportation, energy, environmental sustainability, and public health. These escalating risks not only slow progress but also reveal how specific development priorities can increase vulnerability to disasters and climate change through emissions, land-use modifications, and exposure to hazards. Consequently, a comprehensive and proactive strategy for climate and disaster resilience is essential.
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