Indian Cities Need Over $2.4 Trillion by 2050 to Combat Climate Hazards, Warns World Bank Report:

Indian Cities Need Over $2.4 Trillion by 2050 to Combat Climate Hazards, Warns World Bank Report:

Daily Current Affairs   /   Indian Cities Need Over $2.4 Trillion by 2050 to Combat Climate Hazards, Warns World Bank Report:

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Category : Business and economics Published on: July 25 2025

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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.

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