Gross Domestic Climate Risk Report: 9 states at high risk of damage to built environment due to climate hazards – Times of India
Bathinda: Punjab is among the top 50 states or provinces across the world at high risk of damage to built environment due to climate hazards. The fact came to fore in a report ‘Gross Domestic Climate Risk’, calculating the physical climate risk to the built environment released on Monday by Cross Dependency Initiative (XDI), part of a group of companies committed to quantifying and communicating the costs of climate change, calculated the physical climate risk to the built environment in over 2,600 states and provinces around the world in 2050.
Built environment refers to aspects of the surroundings that are built by humans to support human activity like homes and workplaces. It covers damage to buildings and properties from extreme weather and climate change such as flooding, forest fires, heat wave and sea level rise.
This is the first time there has been a physical climate risk analysis focused exclusively on the built environment, comparing every state, province and territory in the world.
The Gross Domestic Climate Risk analysis focuses on the extent of capital value at risk from extreme weather and climate change in states, provinces and other territories, represented by vulnerability and exposure of the built environment.
XDI has released a first-pass analysis of Gross Domestic Climate Risk which found that 80% of the top 50 most at risk states and provinces in 2050 are in China, US and India.
Apart from Punjab, Bihar, Uttar Pradesh, Assam, Rajasthan, Tamil Nadu, Maharashtra, Gujarat and Kerala falls in top 50 as India has 9 states as most disturbed on the count. In all Asia dominates the list of provinces at risk by Aggregated Damage Ratio, with more than half (114) of the top 200 in 2050 in this region.
South Asia has 24 of the top 200. After China and India, Pakistan also has multiple provinces in the top 100, including Sindh province. Devastating flooding between June and August 2022 affected 30 per cent of the area of Pakistan and has partially or fully damaged more than 900,000 houses in Sindh province.
Built environment refers to aspects of the surroundings that are built by humans to support human activity like homes and workplaces. It covers damage to buildings and properties from extreme weather and climate change such as flooding, forest fires, heat wave and sea level rise.
This is the first time there has been a physical climate risk analysis focused exclusively on the built environment, comparing every state, province and territory in the world.
The Gross Domestic Climate Risk analysis focuses on the extent of capital value at risk from extreme weather and climate change in states, provinces and other territories, represented by vulnerability and exposure of the built environment.
XDI has released a first-pass analysis of Gross Domestic Climate Risk which found that 80% of the top 50 most at risk states and provinces in 2050 are in China, US and India.
Apart from Punjab, Bihar, Uttar Pradesh, Assam, Rajasthan, Tamil Nadu, Maharashtra, Gujarat and Kerala falls in top 50 as India has 9 states as most disturbed on the count. In all Asia dominates the list of provinces at risk by Aggregated Damage Ratio, with more than half (114) of the top 200 in 2050 in this region.
South Asia has 24 of the top 200. After China and India, Pakistan also has multiple provinces in the top 100, including Sindh province. Devastating flooding between June and August 2022 affected 30 per cent of the area of Pakistan and has partially or fully damaged more than 900,000 houses in Sindh province.
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