7 months ago
India Can Gain USD 220 Billion from Clean Air Initiatives
A new report says India can make a lot of money by cleaning the air.
If India takes steps to reduce air pollution, it can gain USD 220 billion.
This will also create jobs, save money on healthcare, and make people healthier.
The report suggests focusing on areas like transport, industry, and agriculture.
Clean air is good for the economy and people's health.
The report also says that more money is being invested in clean air projects, which is a good opportunity for India.
India can unlock USD 220 billion in economic gains by implementing clean air solutions.
Air pollution causes significant economic losses through reduced productivity and healthcare costs.
The report evaluates high-impact solutions across key sectors like transport, industry, and agriculture.
Effective implementation could reduce PM2.5 levels by ~20% by 2030 and avert USD 85 billion in business losses.
The report outlines five enabling actions critical for scaling clean air initiatives, including crowding in private capital and building a skilled green workforce.
- Who
- Dalberg Advisors and Clean Air Fund
- What
- A new report highlighting economic opportunities from clean air initiatives in India
- Where
- New Delhi, India
- When
- January 13
- Why
- To quantify the economic benefits of implementing clean air solutions
Key facts
- Economic Opportunity
- USD 220 billion
- Business Losses Averted
- USD 85 billion by 2030
- PM2.5 Reduction
- ~20% by 2030
- DALYs Avoided
- Nearly 10 million annually
- Job Transitions
- Approximately 1.4 million
- Report Author
- Dalberg Advisors and Clean Air Fund
- Previous Study
- 2021 study by Dalberg Advisors
- Previous Economic Losses
- USD 95 billion annually
Quotes
Jagjeet Sareen
Partner and India Head, Dalberg Advisors
“Clean air is not only a public health priority but also an economic imperative. This analysis highlights where targeted investments can deliver measurable returns for businesses, workers, and the broader economy.”
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Shirish Sinha
Executive Director of Programmes at Clean Air Fund
“Asia’s development financial institutions and agencies are some of the biggest players in international public finance, and countries across the continent are working to tackle air pollution. Development donors recognise that funding clean air measures is an opportunity to see multiple returns on investment through climate and health co-benefits, while catalysing private capital in South Asian countries. India has demonstrated significant progress through the National Clean Air Programme. The next step is to scale proven solutions and align clean air more closely with India’s economic and development priorities.”
theprint.in