The Brihanmumbai Municipal Corporation (BMC) has proposed a ₹7,345.9 crore flood-risk management programme for Mumbai under the Urban Flood Risk Management Programme. The plan is divided into three broad components: around ₹2,194 crore for nature-based and stormwater measures, ₹2,142.5 crore Read More …
Tag: climate resilience
Mumbai’s ₹7,346 Crore Flood Plan Faces Climate Resilience Questions
BRICS Builds Insurance Ecosystem
BRICS countries have proposed building a stronger and more self-reliant insurance ecosystem to support trade among member nations and strengthen reinsurance capacity. The proposal was included in the New Delhi Declaration 2026, adopted at the 18th BRICS Summit held in Read More …
Himalayan Glaciers Melt Faster
Himalayan glaciers are losing mass 65% faster than a decade ago, raising concerns over water security, floods, infrastructure and economic activity across South Asia. A new study led by Systemiq, with the Integrated Mountain Initiative and contributions from ICIMOD and Read More …
Nepal Floods Highlight Climate Risk
The devastating floods in Nepal have highlighted the growing challenge of cross-border and cascading climate risks, demonstrating how extreme weather events can create widespread impacts across communities, infrastructure and economic systems. The World Meteorological Organization (WMO) emphasised that the disaster Read More …
The changing hue of Climate Risk – The Need for a Holistic Risk Literacy Framework
South Asia continues to grapple with the growing vagaries of extreme climate risks, leaving millions increasingly exposed to recurrent, devastating disasters. Communities across the region continue to confront these uncertainties, often with limited capacity and resources for recovery. The recent Read More …
Climate Related Financial Risk Implementation: Beyond Disclosure to Stress Testing
For years, climate risk management inside Indian banks and financial institutions revolved around one thing: disclosure. Institutions built ESG reports, published sustainability statements, and mapped their exposure to climate policies largely to satisfy regulators, investors and rating agencies. That phase Read More …
BRICS Adopts Joint Statement on Disaster Resilience
BRICS member countries have unanimously adopted a joint statement aimed at strengthening cooperation on disaster risk reduction, climate adaptation and resilient infrastructure. The declaration was adopted at the 3rd BRICS Ministerial Meeting on Disaster Risk Reduction, hosted by India in Read More …
Türkiye and FAO Partner on New Initiative to Strengthen Climate Resilience
Türkiye and the Food and Agriculture Organization (FAO) have launched the Turquoise Nexus Initiative, a collaborative effort aimed at strengthening climate resilience and promoting sustainable management of natural resources. The initiative seeks to address interconnected challenges involving climate change, water Read More …
Centre Approves Over ₹500 Crore for Disaster Risk Reduction Initiatives
The Ministry of Panchayati Raj (MoPR) and the National Disaster Management Authority (NDMA) have approved an outlay of more than ₹500 crore for disaster risk reduction initiatives across the country. The funding aims to strengthen disaster preparedness, resilience, and risk Read More …
BRICS Members Discuss Resilience and Disaster Preparedness at Puri Meeting
The BRICS Disaster Risk Reduction Working Group meeting commenced in Puri, Odisha, bringing together representatives from member nations to enhance cooperation on disaster resilience and risk management. The discussions focused on strengthening disaster preparedness, improving early warning systems, and promoting Read More …