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Assessing the Economic Implications of Climate Change in India: An Analysis of Resilience, Adaptation, and Sustainable Growth

Diwas Dukpa , Abinash Rai , Vaskar Barman

DIP: 18.02.S24/20251004

DOI: 10.25215/2455/1004S24

Received: November 17, 2025; Revision Received: November 22, 2025; Accepted: November 26, 2025

Abstract

Climate change has an impact on all the natural ecosystems as well as the socio-economic condition of India. It has been projected that climate change would severely degrade the current living conditions of poverty-stricken people to the point that it would impose heavy taxes on the economic and industrial resources owned by the state. Rapid economic growth, widespread poverty and high population density have made India vulnerable to climate risk. This study is based on secondary data obtained from the World Bank and the International Energy Agency Statistics. Thirty years of data from 1990-2020 have been used to examine how environmental and climatic factors influence economic growth, focusing on estimating both marginal and joint counterfactual effects. The findings present a complex and counterintuitive picture of how environmental and climatic factors influence India’s economic growth from 1990 to 2020. Furthermore, the study has highlighted the policies that connect economic planning with climate action.

The author(s) appreciates all those who participated in the study and helped to facilitate the research process.

The author(s) declared no conflict of interest.

This is an Open Access Research distributed under the terms of the Creative Commons Attribution License (www.creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any Medium, provided the original work is properly cited.

Responding Author Information

Vaskar Barman @ vaskar999@gmail.com

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Assessing the Economic Implications of Climate Change in India: An Analysis of Resilience, Adaptation, and Sustainable Growth

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Article Overview

ISSN 2455-670X

DIP: 18.02.S24/20251004

DOI: 10.25215/2455/1004S24

Published in

International Conference on Business Responsibility for Sustainable Development 17.12.2025

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