Climate-induced loss and damage at 2°C: Economic risk and inequality in India

Srivastava, Sanjay Kumar (2026) Climate-induced loss and damage at 2°C: Economic risk and inequality in India. Research Square. (Submitted)

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Abstract: Climate change is increasingly reshaping the economic landscape of disaster risk, particularly in developing economies where climate exposure intersects with structural poverty and inequality. As global temperatures approach 2°C above pre-industrial levels, a growing share of climate impacts may exceed the limits of feasible adaptation, emerging as Loss and Damage (L&D). This paper examines the potential economic implications of climate-induced Loss and Damage in India using insights from disaster risk modelling and empirical disaster loss datasets. Scenario-based estimates suggest that climate-related disaster losses could rise to approximately 1.5–2 percent of GDP annually under a 2°C warming pathway, with 20–30 percent representing residual Loss and Damage beyond adaptation limits. These losses are unlikely to be distributed evenly across society and may disproportionately affect vulnerable regions where climate exposure intersects with poverty and agricultural dependence. Using the case of Bihar, the study illustrates how climate risks may reinforce structural inequalities and food security challenges. The paper concludes by outlining policy pathways for minimizing Loss and Damage through climate-resilient agriculture, adaptive social protection, and anticipatory climate risk management.
Item Type: Journal Paper
Subjects: School of Natural and Engineering Sciences > Energy and Environment
Divisions: Schools > Natural Sciences and Engineering
Date Deposited: 16 Jun 2026 09:26
Last Modified: 16 Jun 2026 09:26
Official URL: https://www.researchsquare.com/article/rs-9736683/...
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    DOI: https://doi.org/10.21203/rs.3.rs-9736683/v1
    URI: http://eprints.nias.res.in/id/eprint/3404

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