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90% of India's Renewable Energy Sites Face High Climate Risk by 2030, Zurich Report Warns

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A report by Zurich Group has found that 90% of India's planned renewable energy project sites face high or critical climate risks by 2030. The key hazards identified include floods and wildfires that could severely damage energy infrastructure. Since many of these projects are still in the development phase, there is an opportunity to build resilience measures into their design early. Incorporating such safeguards would cost approximately 2% of capital expenditure but could reduce severe loss exposure by up to 75%. The findings underscore the urgency of climate-proofing India's renewable energy expansion before construction is finalised.

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