SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. Climate change to adversely impact Indian economic growth: Asian Development Bank

Climate change to adversely impact Indian economic growth: Asian Development Bank

20 Aug 2014 Evaluate

The Asian Development Bank (ADB), in its latest report, highlighted that global failure to respond to climate changes could result in about 8.7 percent economic loss in India's Gross Domestic Product (GDP) by 2100. Manila based multi-lateral funding agency in its report titled 'Assessing the Costs of Climate Change and Adaptation in South Asia' predicted that as the country’s economy depends upon the agriculture sector, India is likely to get impacted adversely by global climate change and would see economic losses equivalent to 1.8 percent of annual GDP by 2050 widening to 8.7 percent by the end of the century.

The report further highlighted that agriculture provides employment and livelihood opportunities to most of India's rural population and changes in temperature and rainfall and an increase in floods and droughts linked to climate change would have a devastating impact on people's food security incomes, and lives. The report added that India has 8,000 km of coastline and nearly half the country's 28 states could face serious consequences from a rise in the sea level. Prolonged droughts and higher temperatures will put immense strain on limited water resources and increase competition between agriculture and energy sectors in the country.

Regarding south Asian countries, the ADB stated that climate change will cut South Asia's growth almost 9 per cent by the end of the century. However,  if countries act together to keep the rise in global temperatures below 2.5 degree Celsius, the cost of shielding the region from the climate change impacts would be nearly halved to around $40.6 billion, or 0.48 percent of GDP by 2100. South Asia will need to spend at least $73 billion or an average of 0.86 percent of its GDP, every year between now and 2100 on adaptation measures.

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×