The year 2024 was the warmest ever recorded — about 1.55°C above pre-industrial levels. The UN General Assembly has designated October 13th as the International Day for Disaster Risk Reduction to raise risk awareness and reduce disasters. There is unequivocal evidence that with every fraction of a degree increase, risks to lives, food, water, and economic stability multiply rapidly. Clearly, climate action is costly, but inaction even costlier and exacerbating climate shocks which overwhelm public finances, erase livelihoods and neutralise development advancements.

In the run up to COP 30 in Brazil, along with ramping up climate ambition, countries need to focus on mobilization of finance for adaptation and climate resilience at an unprecedented scale and speed.

Even in India, climate re

See Full Page