Daily Current Affairs / Indian Cities Need Over $2.4 Trillion by 2050 to Combat Climate Hazards, Warns World Bank Report:
Category : Business and economics Published on: July 25 2025
A World Bank report highlights the growing climate vulnerability of Indian cities due to floods, heatwaves, and other risks, stating that more than $2.4 trillion in investment will be required by 2050 for building resilient, low-carbon urban infrastructure. With cities expected to generate 70% of new jobs by 2030, the report positions urban centers as key engines of future economic growth while urging urgent climate-focused infrastructure planning.