India's infrastructure spending exceeds 3% of GDP amid climate risks
pre-market1 source ↓written by the desknot a recommendation
- spending has surpassed
- 3% of GDP
India's infrastructure spending has surpassed 3% of GDP, driven by rapid expansion in vulnerable regions. Insurers express concerns that rising climate risks could render some areas financially uninsurable over time. The report highlights increasing frequency of climate impacts, particularly affecting highways, hydropower, and urban infrastructure assets. 🌧️
Not investment advice. For informational purposes only.