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Fiinovation Reviews a Requirement of

A Trillion Dollars by 2030 by India to


Adapt To Climatic Changes
Fiinovation, Fiinovation India

Fiinovation 'Climate finance' as a significant point of


discussion at the Paris Summit 2015.

India has foresightedly invited investments from developed


nations to adopt and promote technological advancements
in developing nations.

Fiinovation India's requirement of $360 billion to adhere to


climatic change in the upcoming 15 years.

India may also need a sum of $1 trillion to cover


expenditure on technological & institutional development
and capacity building of the same.

Fiinovation rising temperature, deceasing precipitation in


monsoon and frequent drought conditions have been
incessant in India.

The extreme mis-happenings in the world projects


deterioration of global weather conditions.

The major objective at the Paris Climate Summit 2015 is to


have a consensus on taking suitable actions to pacify
emission of carbon leading to limiting atmospherical
warming to 2 degree celcius above the defined preindustrial level.

Fiinovation the rate of successful reduction of emissions will


pressurize world citizens to accomodate to the rising sea levels
and other negative impacts.

Fiinovation the unfavorable conditions arising out of the


changing climate demands crucial corrective action to be
taken against it.

Fiinovation India is unpreparedness to handle an extreme


condition that may occur.

Fiinovation, the increasing extremities of weather conditions


require a greater amount of money to manage agriculture,
public health, water resources and other infrastructures.

On considering the severity of of the situation, Fiinovation a


four-fold inflation in India's budget during the past decade.

India's budget for 2014-15 has added to 33 billion dollars


which is approximately 2 percent of India's GDP.

Fiinovation that newly established National adaptation fund


has been linked to 21 government schemes.

The 55.6 million dollar adaptation fund is aimed at


addressing to requirements of various sectors.

The adaptation fund is further segregated under state


governments under state action plans.

Fiinovation that the requirement of the funds is not less


than three times the existing fund.

Fiinovation the requirement of funds in India to a total of


$168 billion by 2030.

About 83 % of this amount is needed to accelarate the


agricultural systems in severe weather conditions.

Fiinovation the allocated budget for adaptation activities


add upto 92 billion dollars.

Fiinovation the loss from weather disasters in India adds


upto $5-6 billion.

According to Fiinovation, with transition towards increasing


climatic risk, an increase in adaptation fund is preconditioned to reach $360 billion by 2030.

Fiinovation that at present, there is an increased need for


India to adapt technology from the west.

The technologies from the western countries as smart


practices that can be adapted in lesser time span.

Flood proofing, floating agricultural systems, electric


vehicles and smart grids are a few examples of adaptable
models.

These along with knowledge and capacity building could


add upto a total of a trillion dollars.

Fiinovation the Paris summit as a opportunity from


negotiators from India to find investors from the developed
nations to consumate India's financial responsibility.

THANK YOU

Fiinovation.co.in