 "Namita Vikas of Yes Bank")
Year 2016 has been declared the warmest year on record, bringing global warming and climate change into focus. The economic impact of climate related changes are increasingly taking center stage in policy interventions across the globe. It is estimated that developing economies are more vulnerable to climate change, which presents a dual challenge of sustaining economic growth while combating climate change.
India is expected to witness economic losses equivalent to 1.8 percent of annual GDP by 2050 that could widen to 8.7 percent by the end of this century, owing to global warming and changing weather patterns. However, through its ambitious
