Conflict, in the context of social groups, is what we refer to as an aggressive encounter between groups of people that see agreement (or disagreement) on political ideology (or interests) brought on by the exploitation of natural resources, sectarian tensions, and external intervention. Conflict zones are basically areas where conflict is dominant and has an adverse effect on human lives. It can range from a region, an area within a country to an area covering the national boundary of two or more countries. Marginalized communities are groups and communities that face discrimination and exclusion due to unequal power relations across social, economic, and political dimensions. They have often been historically deprived of basic human rights to resources and opportunities. Many indigenous communities across the world have been classified as marginalized because of the effects of colonialism on them such as the Native Americans, the Australian Aboriginals, the Indian Santhal, and Munda tribes, etc.
As the changing climate is gripping the world, countries and institutions are rushing to help people adapt to it and mitigate the damages done because of it. Like any other disaster, it has also brought to the world’s attention the inequalities among countries in various ways, some are better placed for a renewable energy transition while others are still developing their economy with fossil fuels, some are protected against rising sea levels and others are losing land every year.
The Indian urban population rose from 17.9% in 1960 to around 34.9% in 2020. The population size in Bengaluru during the same period increased by more than ten folds. Different agencies estimate that by 2030, Bengaluru will be home to 15-20 million people.
At the COP26, the Indian prime minister announced– somewhat surprisingly– that India will go carbon neutral by the year 2070. The deadline is about two decades longer than most countries’ 2050 deadline and China’s 2060 deadline. It was a surprising move, because India was reluctant to put a date on its carbon neutral journey, unlike other developed countries, primarily because the Indian economy is still growing and so is its carbon emission.
United Nations Framework Convention on climate change (UNFCCC) defined climate finance as “local, national or translational financing- drawn from public, private and alternative source of financing – that seeks to support mitigation and adaptation actions that will address climate change.”
Climate researchers and scientists worldwide have warned that the ongoing human-induced activities worsening climate change are pushing the entire planet toward doomsday. The consequences that the planet is witnessing in the form of climate disasters such as floods, tsunamis, wildfires, avalanches, and landslides are just the beginning. But, there must be an adequate system and stringent policies in place to minimize the loss these disasters can have on each sector of the economy. The Secretary-General for Disaster Risk Reduction and Head of UNDR Mami Mizutori highlighted a similar approach and said, “Disasters can be prevented, but only if countries invest the time and resources to understand and reduce their risks”.
World’s leading fossil fuel firms are secretly planning around 195 to 200 projects across nations like the US, Russia, Australia and India which could trigger “catastrophic climate breakdown”. The environmentalists are referring these projects as ‘carbon bombs’. It’s stated that, the emissions released from these projects collectively will overshoot the emissions that had been agreed in the Paris Agreement 2015, which was to contain the global rise in temperature to 2°C.
The fears being raised about climate change are beginning to come true. In the last six months only, the mood of the weather witnessed in the world has turned the minds of environmental scientists. Extreme weather events have started showing their harsh nature. Be it summer or rain or floods. Much more than usual has started happening in many places. Environmental scientists, based on the analysis of data of the last 20 years, have tried to tell how this crisis has started creating upheaval in our lives.
Climate change is influencing every facet of life- right from our diets to our ability to survive natural disasters. Until now, the real estate sector was lacking the pace to address the gravity of climate change consequences on properties and markets. However, over the past two decades higher global temperatures and more frequently occurring natural disasters have led monstrous effects on residential as well as commercial properties.