World Bank lays out $1.5 trillion green cooling plan for India
India could become one of the world’s worst victims of rising temperatures, putting people’s health in jeopardy and exposing the economy to productivity losses due to a high dependence on heat-exposed labor, according to the report.
Low-carbon cooling in India could be a more than $1.5 trillion investment opportunity over the next two decades, as the country grapples with severe heat waves at an “alarming frequency," according to a joint report from the World Bank and several environmental consulting groups.
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