India invests in city flood mitigation, and other urban transformation stories Published Oct 11, 2024 · Updated Oct 11, 2024An aerial view show...
Published on by Water Network Research, Official research team of The Water Network
Published Oct 11, 2024 · Updated Oct 11, 2024
An aerial view shows a flooded residential colony in Chennai, India.
India is set to invest nearly $300 million in flood mitigation over the next two years.
Top city and urbanization stories: India to invest $300 million to mitigate floods; Cities yet to set net-zero targets; Indonesia's bid to improve air quality in Jakarta.
For more on the World Economic Forum’s city-focused work, visit the Centre for Urban Transformation.
1. India commits $300 million to mitigate city flooding
India will invest nearly $300 million over the next two years to mitigate flooding and conserve water in seven cities, including Mumbai, Chennai and Bengaluru, a government official told Reuters.
The funds will be used to build drains as well as to expand lakes and other water bodies that have been destroyed by rapid urbanization.
India's monsoon season has caused widespread flooding in cities in recent years – and water shortages have also impacted areas like Delhi and Bengaluru.
In July, more than 300mm of rain fell in India's financial capital Mumbai in just six hours.
India's water status.
India funding city water conservation efforts.
Image: Reuters Graphics
Krishna S. Vatsa, a member of the National Disaster Management Authority, said: "While the importance of storm water drainage in reducing the runoff cannot be overlooked, they also need to be supplemented by some of the nature-based solutions such as increasing the capacity of rivers and lakes to carry rain water."
2. Cities still to set climate targets
More than 40% of major companies, cities and regions have yet to set targets for reducing greenhouse gas emissions, according to Net Zero Tracker's Net Zero Stocktake 2024.
Researchers examined the net-zero commitments and action plans from 198 countries, 706 sub-national regions, 1,186 cities and almost 2,000 publicly listed companies.
It found that while 1,750 entities out of more than 4,000 had made formal net-zero pledges, around 1,700 had not set any targets at all.
Of the cities covered, more than three-quarters (77%) have yet to set net-zero targets, while only 12 cities (1%) have established them in law.
SOURCE:https://www.weforum.org/agenda/2024/10/india-flood-mitigation-urban-transformation-stories/
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Taxonomy
- Flood management
- Flood prediction
- Flood Risk Management
- flood protection
- Urban Drainage & Flood Risk Management