India’s rich biodiversity is under severe threat due to climate change, as recent studies warn of potential economic losses and irreversible ecological damage
India, a land of diverse climates and rich ecosystems, is a global treasure trove of biodiversity. From the majestic Himalayan ranges to the vibrant coastal reefs, our country’s biodiversity sustains countless life forms and plays a crucial role in regulating ecosystems. It’s not just a vital resource for human sustenance, providing food, water, shelter and medicine, but also a critical indicator of our planet’s health, a testament to our rich heritage and a responsibility we all share.
However, the delicate balance of India’s biodiversity is now facing unprecedented threats from climate change. Recent studies warn that India may lose a staggering 35 per cent of its GDP by the year 2100 due to climate change, highlighting the deep interconnection between the nation’s prosperity and its natural heritage. Rampant deforestation and habitat degradation, particularly in regions like the Western Ghats, are pushing carbon sinks towards becoming sources, exacerbating the climate crisis. The time for action is now.
Impact of Climate Change: A Looming Crisis
The repercussions of climate change are becoming quite evident in altering ecological balance, extreme weather events and increasing health risks. In an era marked by escalating environmental challenges, the climate crisis demands urgent and concerted action. According to a [i]United Nations’ InterGovernmental Panel on Climate Change (IPCC) report, climate change is imperilling human well-being and planetary health, focusing strongly on interactions between climate, biodiversity and human society. The report suggests that the rise in extreme weather conditions has led to some irreversible impacts as natural and human systems are pushed beyond their ability to adapt.
Not only this, a report by the Reserve Bank of India highlights how climate change poses challenges for monetary policy, with frequent weather shocks threatening economic growth and stability. Moreover, a recent study predicts that climate change could cut global income by up to 19 per cent in the next 25 years, with the most vulnerable countries suffering the most severe impacts.
To overcome these challenges, India has embarked on a journey to mitigate climate change and safeguard its biodiversity. With the G20 presidency last year, India has positioned itself as the voice of the Global South to lead the way in climate action and leveraged this positioning to drive impactful outcomes in various realms related to climate action. Tackling deforestation, reducing emissions and restoring ecosystems are key strategies. With over 26 per cent of the country grappling with expanding drought conditions, urgent measures are being taken to build resilience against environmental degradation.
Pioneering Climate Action
Tamil Nadu, a coastal State in the heart of southern India, is emerging as a beacon of hope and leading the charge in climate change efforts. The State has become a forerunner in climate action by announcing three major missions, namely Climate Change; Biodiversity Conservation and Greening; and Wetlands. Through initiatives like the Tamil Nadu Biodiversity and Greening Project (TBGP), the State aims to achieve a 33 per cent forest and tree cover by 2031. With approximately $90 million in investments, Tamil Nadu’s Climate Change Mission, Green Tamil Nadu Mission and Tamil Nadu Wetlands Mission demonstrate a commitment to sustainable development and ecosystem restoration.
Driving Solutions:
Addressing the climate crisis necessitates collaborative efforts from all stakeholders. Supported by startups and Government interventions, public-private partnerships are essential to drive innovation and scale climate solutions. Startups are pivotal in developing innovative technologies that reduce carbon footprints while contributing to economic growth. International collaboration, exemplified by agreements like the Paris Agreement, provides a framework for collective action on a global scale. India’s leadership in renewable energy, particularly through initiatives like the International Solar Alliance (ISA), underscores its commitment to driving sustainable development and fostering a harmonious coexistence between humanity and nature.
As India addresses the intertwined challenges of climate change and biodiversity loss, the steps taken today will shape the legacy for future generations.
This demands reflection, unity and action to come up with sustainable solutions. In this crucial sustainability battle, India’s role extends beyond its borders, contributing significantly to global biodiversity conservation and climate change mitigation efforts. The recent Supreme Court ruling recognising the right against climate change as a fundamental right under Article 14 and Article 21 underscores India’s steadfast commitment to climate action and environmental protection. This offers prospects for the Government, corporations and climate action companies to come together and work towards a sustainable future.
(The writer is the CEO of ProClime; their views are personal)