Article Type

Article

Description

The recent devastating floods which have displaced or affected 30 million people, destroyed or damaged a million houses, buildings, structures, bridges, roads, rail connections, highways, commercial properties, disrupted movement of goods have brought unbearable grief to the whole nation. The losses to the economy are still being assessed but a rough and approximate estimate indicates that it may be around $10 billion. On top of the already fragile fiscal situation, this quantum of loss is unbearable unless once again the international community rises to the occasion on humanitarian grounds. It is also now well established that extreme weather events such as heatwaves, floods, droughts are no longer occasional phenomena occurring every ten years or so. Climate change risks such as torrential rains, glacier melting, floods have become part of the norm and have serious consequences for the water-food-energy nexus. Economic and social planning calculus would have come up with the ways that can prevent, adapt and mitigate these risks.

Publication Source

The News

Publication Date

9-2-2022

Pages

1-5

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