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McKinsey — Will India get too hot to work?

Summary:
While India is managing the COVID-19 pandemic, it cannot lose sight of climate risk, which is rising. The coronavirus crisis holds profound lessons that can help us address climate risk—if we make greater economic and environmental resiliency core to our planning for the recovery ahead. Indeed, economic stimulus in the wake of the pandemic can help restore growth, while also addressing climate risk.India faces a rapidly changing and degrading physical environment. The challenges of water scarcity and air pollution are well known. Less well appreciated is the impact extreme heat and humidity will likely have on the economy and the toll it could take on human life. In this case study we analyze the direct impact of climate change-driven heat and humidity extremes on India....Not only

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While India is managing the COVID-19 pandemic, it cannot lose sight of climate risk, which is rising. The coronavirus crisis holds profound lessons that can help us address climate risk—if we make greater economic and environmental resiliency core to our planning for the recovery ahead. Indeed, economic stimulus in the wake of the pandemic can help restore growth, while also addressing climate risk.

India faces a rapidly changing and degrading physical environment. The challenges of water scarcity and air pollution are well known. Less well appreciated is the impact extreme heat and humidity will likely have on the economy and the toll it could take on human life. In this case study we analyze the direct impact of climate change-driven heat and humidity extremes on India....

Not only India.

McKinsey
Will India get too hot to work?
Jonathan Woetzel, Dickon Pinner, Hamid Samandari, Rajat Gupta, Hauke Engel, Mekala Krishnan, and Carter Powis


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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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