Climate Change & Indian Economy
Special Topic • Page 3 • Policies, Adaptation & Way Forward
🔹 India’s Policy Framework on Climate Change
India follows a comprehensive policy approach to address climate change, balancing development needs with environmental responsibility.
- National Action Plan on Climate Change (NAPCC)
- State Action Plans on Climate Change (SAPCCs)
- India’s Nationally Determined Contributions (NDCs)
- Mission LiFE (Lifestyle for Environment)
🔹 Adaptation Strategies
Adaptation refers to adjusting economic and social systems to reduce vulnerability to climate impacts.
- Climate-resilient agriculture and drought-resistant crops
- Micro-irrigation and water conservation
- Crop insurance schemes (PMFBY)
- Early-warning systems for disasters
🔹 Mitigation Measures
Mitigation involves reducing greenhouse gas emissions to limit the scale of climate change.
- Expansion of renewable energy (solar, wind)
- Electric mobility and energy efficiency
- Afforestation and carbon sinks
- Promotion of green technologies
🔹 Climate Action and Economic Growth
Well-designed climate policies can become an opportunity for economic growth.
- Creation of green jobs
- Boost to innovation and technology
- Long-term GDP stability
- Reduced disaster-related economic losses
🔹 Way Forward
- Mainstream climate resilience into economic planning
- Strengthen climate finance and international cooperation
- Focus on farmers, poor, and vulnerable sections
- Encourage behavioural change through awareness
- Improve Centre–State coordination
Mains-Ready Conclusion
Climate change is not merely an environmental concern but a developmental challenge for India. A balanced strategy combining adaptation, mitigation, and inclusive growth is essential to protect both the economy and future generations.
© Shaktimatha Learning | Special Topic | Climate Change & Indian Economy | Page 3
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