India's cities need $2.4 trillion for climate resilience
after close1 source ↓written by the desknot a recommendation
- in investment
- $2.4 trillion
- have accessed capital
- 20 municipal corporations
- raising
- $476 million
- areas contribute
- 60% of GDP
- revenues are just
- 0.6% of GDP
India’s cities require $2.4 trillion in investment by 2050 to achieve climate resilience, according to a FICCI-EY report. However, only 20 municipal corporations have accessed capital markets, raising $476 million. Urban areas contribute over 60% of GDP, yet municipal revenues are just 0.6% of GDP. This underscores significant investment gaps in urban infrastructure.
Not investment advice. For informational purposes only.