Fin Min to include financing of climate change in the Economic Survey
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Chief Economic Advisor Kaushik Basu says, the Finance Ministry will include a special chapter on financing of climate change in the Economic Survey. He said this while addressing a UNDP event in New Delhi.
As per the 2010-2011 Economic Survey, India's total carbon- dioxide emissions were about 4 per cent of the global emissions.
The Survey also showed that it cost India 2.84 per cent of its GDP to adapt to climate change.
Studies show that even with 8 to 9 per cent GDP growth every year for the next decade, India's per-capita emissions will be well below the developed countries average.
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