CURRENT AFFAIRS: NATIONAL NEWS
India lost 5.4% of its GDP as a result of the 2021 heatwave:
- According to a new Climate Transparency analysis, India will lose 5.4% of its GDP in 2021, the most of any G20 country.
- According to the research, India experienced a record heatwave that impacted employees, labor migrants, low-income households, and the homeless, as well as reduced wheat crop yields.
- Even though India is responsible for 3% of global emissions, the analysis stated that 142 million people (10% of the population) in India may be subjected to summer heatwaves of 1.5 degrees Celsius.
- When it comes to worldwide emissions, the United States ranks first with 25%, followed by the European Union with 22%.
- “G20 members account for around 85% of worldwide GDP, 75% of international trade, and two-thirds of the global population, as well as almost three-quarters of global emissions.”
- The ‘Climate Transparency Report 2022’ was created in collaboration with experts from 16 partner organizations representing the majority of the G20 (Group of 20) countries.
- According to the Climate Transparency Report 2022, the G20 nations are still unable to take the requisite level of accountability of action.
