Climate change

Unchecked, these impacts could deepen conflicts and stall sustainable development goals, particularly SDG 6 on water and sanitation.

The World Meteorological Organization (WMO) has confirmed that 2025 ranked as one of the three warmest years on record, underscoring the relentless grip of human-driven climate change even amid natural cooling influences.

The funds, primarily structured as low-interest concessional loans through Germany's development bank KfW, will target key priority areas aligned with India's ambitious climate goals and the broader framework of the Green and Sustainable Development Partnership (GSDP), launched in 2022.

A groundbreaking new report by the International Centre for Integrated Mountain Development (ICIMOD) reveals that the region requires approximately USD 12.065 trillion from 2020 to 2050 to adequately fund climate adaptation and mitigation efforts.

One of the starkest examples is Imja Lake in Nepal’s Everest region. Until the 1960s, it was only a relatively small pool of meltwater high in the mountains.

Bangladesh ranks among the world’s most climate‑vulnerable countries while contributing less than one per cent of global GHG emissions, facing recurring climate induced disasters that damage agriculture, infrastructure and livelihoods, with annual climate finance needs estimated at over USD 26 billion, especially for adaptation and loss and damage.

These signings follow recent ADB commitments totalling $730 million for power transmission and state-owned enterprise reforms, highlighting ongoing multilateral support amid Pakistan’s economic recovery efforts.

The KPMG–UNDRR GETI partnership seeks to translate global DRR frameworks – notably the Sendai Framework for Disaster Risk Reduction 2015–2030 – into practical, scalable actions adapted to India’s context.