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India News | Urgent Need for Common Climate Risk Evaluation Framework, More Adaptation Funding: Report

LatestLY on Financing Adaptation in India: without a shared framework for evaluating climate risk, there is no way to tell how development projects account for it.

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New Delhi, Feb 21 (PTI) India is yet to create a common framework for evaluating risks due to climate change and a systemic methodology for ascertaining the extent to which development programs address climate risk and vulnerability, according to a new report release on Wednesday. The report by Climat Policy initiative, a multi-national analysis and advisory organisation with expertise in finance and policy, said the lack of a common framework for evaluating climate risks makes it hard to tell how development projects assess these issues, and to track funding for adaptation measures.

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