Challenges and Opportunities for implementing voluntary climate action in the Indian Private Sector

Challenges and Opportunities for implementing voluntary climate action in the Indian Private Sector

Catastrophic climate change is inevitable unless drastic steps are taken to reduce the GHG footprint at scale across countries. By the end of the 21st century, Earth’s global average temperature is projected to rise by 4°C1 compared to pre-industrial levels if mitigation efforts are not scaled up. The Global Climate Risk Index 20212 ranks India among the top ten countries most vulnerable to climate change. India is already experiencing severe impacts of climate change and these impacts are projected to increase in the future. For example, India recorded the highest deaths due to climate change-related disasters in 2018, ranking fifth in the Global Climate Risk Index 20203 . Ambitious climate action from all actors is the need of the hour