Urban climate funding: Indian cities need $2.4 trillion by 2050 to withstand floods, heatwaves – World Bank

A World Bank report indicates Indian cities need significant investment. This investment is for resilient, low-carbon infrastructure by 2050. Cities face rising climate risks like floods and heatwaves. Economic losses could surge without action. Delhi, Chennai, Surat, and Lucknow are most vulnerable. The report urges fiscal changes and private capital to bridge the infrastructure gap.