Labour productivity could fall as low as 40 per cent in countries like India and Pakistan due to climate change, threatening global food production. Other regions in Southeast and South Asia, West and Central Africa, and northern South America are also at risk with reduced physical work capacity. Assessments conclude that climate change will worsen food security challenges by reducing crop yields.
With anomalies in temperature and precipitation, concern over climate change in India is rising. Questions arise: What is the economic cost of climate change? How vulnerable is India’s economy to such climate change?