Credit: Nikada/istock

Policies for mitigating macro-climatic risks in India

Mumbai Climate Week panel
10.50am-12.15pm, 18 Feb 2026
Meeting Suite 202, Jio World Convention Centre, India

This CETEx panel event brings together leading experts to examine how escalating climate risks are reshaping India’s macroeconomic landscape. In a region facing record‑breaking heatwaves, increasingly erratic monsoons, more destructive flooding, and intensifying cyclones, the socioeconomic consequences have become impossible to ignore. These climate shocks—combined with long‑term shifts in temperature and precipitation—are now directly influencing inflation dynamics, growth trajectories, labour productivity, and fiscal stability. For a fast‑growing economy aiming for advanced‑economy status by 2047, understanding and managing these risks is no longer peripheral to economic strategy but central to safeguarding macroeconomic resilience and sustainable development.

This panel will explore how climate risks transmit through key macroeconomic channels—including price stability, employment, exchange rates, and public finances—and what this means for India’s monetary, fiscal, and financial policymaking. Drawing on cutting‑edge research with a strong focus on the Indian context, the discussion will highlight emerging evidence, policy gaps, and practical solutions that can strengthen institutional responses. Panellists will consider the roles of central banks, finance ministries, regulators, and state governments in integrating climate risks into economic modelling and decision‑making. By bridging insights across climate science, economics, and policy, the panel aims to chart actionable pathways that align climate resilience with India’s long‑term growth ambitions.

Confirmed speakers for this event include:

Saket Kumar, Reserve Bank of India
Suranjali Tandon, National Institute of Public Finance and Policy
Janak Raj, Centre for Social and Economic Progress
Arunima Sharan, Centre for Economic Transition Expertise

This event is being held as part of Mumbai Climate Week

Mumbai Climate Week is taking place from 17-19 February 2026 and will mark India’s first citizen‑led climate action platform, bringing together representatives from more than 30 countries across the Global South to co‑create practical solutions for shared climate challenges. Positioned to elevate India’s leadership on climate governance, the event focuses on food systems, energy transition and urban resilience—each explored through the lenses of justice, innovation and funding—while fostering collaboration among governments, businesses, civil society, and youth. Designed as a vibrant, city‑anchored movement rather than a traditional policy summit, Mumbai Climate Week aims to amplify Global South voices, showcase India’s growing climate leadership, and accelerate real-world climate action across developing nations.