India is the worst affected amongG20 nationsbycarbonemission-induced rise in temperatures, losing $159 billion (5.4% of its GDP) in 2021 due to labour capacity reduction caused by extreme heat, says a report released on Thursday by Climate Transparency. According to the report, carbonemissionsfrom energy use rebounded by 5.9% acrossG20nations last year and surpassed pre-pandemic levels, causing huge income losses in Services, manufacturing, Agriculture-notes-for-state-psc-exams”>Agriculture and construction sectors.
The CT – an international PARTNERSHIP of organisations that provides an annual stocktake of climate action – noted that the G20 countries’ support to produce fossil fuels reached new heights at $64 billion in 2021 even before the Energy Crisis brought about by Russia’s invasion of Ukraine.