India is already facing challenges of water shortages, food security issues, loss of development dividends with impacts projected to grow in coming times. Through its climate plans, largely the “nationally determined contributions” (NDCs), India is incorporating strategies to mitigate carbon emissions while also adapting to already existing climate impacts through resilient infrastructures and coping mechanisms in the form of early warning systems, watershed structures, building river embankments, and so forth. The budgetary allocations, including in this year, signals the government’s increasing recognition of climate issues. However, the climate agenda cannot be an exclusive government concern and other actors such as the private sector need to step up the act too. Given that the private sector generates 90 per cent of jobs in developing countries, its role in any large-scale transformational shift is crucial. In this article, Advisors from GIZ India explore how addressing climate change is good for business and how strengthening private sector engagement is crucial for a transformational shift towards climate actions. Read More