CleanTech
Climate risk is now economic risk and India must insure against it
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October storms over the Bay of Bengal are hardly unusual. Yet this year, the intensity feels different.
Cyclone Montha made landfall near Kakinada with winds touching 110 kmph, while another low-pressure system in the Arabian Sea, Invest 92A, is gathering strength. Two swirling systems, one subcontinent both symbols of how erratic the weather has become and how fragile our sense of normalcy now feels.
Across the world, the same story repeats. Hurricane Melissa, a Category 5 storm with winds of 185 miles an hour, caused an estimated $6.5 billion in…
Cyclone Montha made landfall near Kakinada with winds touching 110 kmph, while another low-pressure system in the Arabian Sea, Invest 92A, is gathering strength. Two swirling systems, one subcontinent both symbols of how erratic the weather has become and how fragile our sense of normalcy now feels.
Across the world, the same story repeats. Hurricane Melissa, a Category 5 storm with winds of 185 miles an hour, caused an estimated $6.5 billion in…
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