Delhi Economy to Suffer Rs. 2.75 Trillion Impact
 Image Source: CNN
A groundbreaking Action Draft Plan for Climate Change has brought to light the alarming prediction that the bustling metropolis of Delhi is at risk of facing a staggering loss of Rs. 2.75 Trillion due to the adverse effects of climate change.Â
The city’s future hangs in the balance as rising temperatures, heatwaves, prolonged precipitation, and floods are set to unleash a series of challenges that could severely impact its economy, infrastructure, and residents.
The Indian Monsoon of 2024 has served as a stark wake-up call for both authorities and the general population, illuminating the undeniable significance of climate change and global warming. The monsoon season this year brought devastating floods, emphasizing the urgency of addressing climate-related challenges. The relentless rainfall and subsequent floods have wreaked havoc on communities, infrastructure, and livelihoods, leaving a trail of destruction in their wake. As the waters recede, the harsh reality of climate change’s impact on extreme weather events becomes evident.
A recent study by Action Plan has delivered a stark warning about the potential economic toll of climate change in Delhi in various sectors of the economy. The findings reveal that the agricultural and allied sectors could face staggering losses amounting to Rs. 80 billion. Manufacturing is also projected to suffer significantly, with losses estimated at Rs. 330 billion. However, the most alarming revelation comes from the services sector, where the impact of climate change is predicted to strike a devastating blow, amounting to a staggering Rs. 2.34 Trillion.
According to recent estimates, Delhi can experience a concerning increase in temperature by approximately 1.5 degrees Celsius. This rise in temperature is a matter of great concern as it can have far-reaching impacts on the city’s environment, public health, and overall quality of life. The implications of such a change in climate could exacerbate heat-related issues, strain energy demands, and potentially lead to more extreme weather events. Urgent measures and climate-conscious actions are essential to address this warming trend and mitigate its adverse effects on the city and its residents.
Image Source: The Economic Times
During the process of formulating the national capital’s new action plan, careful attention was given to the comprehensive evaluation of the Intergovernmental Panel on Climate Change Sixth Assessment Report (IPCC AR6). The report’s findings and insights were thoroughly examined to ensure that the action plan would be well-informed, effective, and responsive to the urgent climate challenges facing the region. By incorporating the latest scientific knowledge and recommendations from the IPCC AR6, the authorities aimed to create a robust and forward-thinking strategy to address climate change and foster sustainable development in the national capital.
In a comprehensive vulnerability assessment that considered districts as regional units, the findings revealed that South Delhi emerged as the most vulnerable area and New Delhi the least.
On July 8-9, Delhi experienced the most substantial amount of rainfall in a single day during the month since 1982, with a total of 153 mm. This exceptional rainfall was attributed to the combined impact of a western disturbance, monsoon winds, and a cyclonic circulation over northwest India. Following this, the city received an additional 107 mm of rain in the next 24 hours. In the 36-hour period starting at 8:30 am on July 8, Delhi witnessed an unprecedented total of 260 mm of rainfall. In response to the intense rainfall and potential flooding, the government issued a flood warning and temporarily closed schools to ensure the safety of the residents.
The preliminary climate change action plan highlights a worrisome absence of formal documentation and procedures within different agencies tasked with stormwater drainage management in Delhi. Presently, there is no legal requirement for these agencies to maintain comprehensive records of the extent of inundation in various areas of the capital region.
