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HomeBusinessIndia's major sectors lost $159 billion in 2021 due to scorching heat

India’s major sectors lost $159 billion in 2021 due to scorching heat

Heat Impact on India: In India, the outbreak of heat is increasing every year and from mango to special, everyone is affected by its effect. But do you know that the scorching heat in the country is also affecting the earnings of many sectors. You will also be surprised to know what has been told in a recent report. India lost 5.4 per cent of its gross domestic product (GDP) i.e. $159 billion in income in the service, manufacturing, agriculture and construction sectors due to the scorching heat in 2021. This is stated in a new report.

How does the increase in heat affect – understand here
The Climate Transparency Report 2022, compiled by an international partnership of various organisations, states that the country lost 167 billion potential labor hours due to extreme heat, an increase of 39 per cent from 1990-1999. If global temperatures rise by 1.5 °C, labor productivity in India is projected to decline by five per cent from the 1986-2006 reference period.

The effect of rising global temperature
If the global temperature rises by 2.5 °C, the decline in labor productivity is estimated to be 2.1 times greater and 2.7 times in the case of 3 °C. The report said that between 2016-2021, extreme events such as cyclones, flash floods, floods and landslides damaged crops in an area of ​​3.6 lakh hectares, causing a loss of $3.75 billion to farmers in the country.

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The annual flood losses in the country are expected to increase by about 49 per cent if the temperature rises by 1.5 °C. The damage caused by the cyclone will increase by 5.7 percent. “The damage from tropical cyclones and floods is estimated to be 4.6 to 5.1 times higher than that of 1.5 degrees Celsius warming by three degrees Celsius,” the report said.
“The rainfall is projected to increase by six per cent with an increase of 1.5 °C over the reference period of 1986-2006. There will be a three-fold increase in rainfall at three °C conditions,” the report said.

Rain pattern changed in India
The rainfall pattern in India has changed in the last 30 years, affecting many economic activities such as agriculture, forestry and fisheries. “Snowfall in India is projected to be 13 per cent lower in the 1.5°C scenario than the reference period snowfall levels. Three degrees Celsius warmer than the 1.5°C scenario, 2.4 times less,” the report said. is likely to.”

Earth’s global warming increased
Earth’s global surface temperature has increased by about 1.1 °C compared to the 1850–1900 average. To combat climate change, countries adopted the Paris Agreement in 2015 to limit global temperature rise this century to two degrees Celsius, mainly below 1.5 degrees Celsius, compared to pre-industrial levels.

The effects of climate change are increasing
Suruchi Bhadwal, director for earth science and climate change at The Energy and Resources Institute, said: “Extreme weather events in our regions have shown that the effects of climate change are increasing, and more and more people are being affected. ” “The need to transform our energy systems is clear, which will also require the cooperation of rich countries, whose per capita emissions are much higher than India’s,” he said. Bhadwal said the effects of climate change are already being experienced with an increase in extreme weather events and more and more people and infrastructure are affected.

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