Asia's coastal megacities are increasingly vulnerable to flooding disasters resulting from the combined effects of climate change (manifested as sea level rise, intensified storms, and storm surges), land subsidence, and rapid urban growth.
Climate change will impact water supplies, exacerbating existing pressures on water resources caused by population and economic growth. Given the combination of these stressors, the sustainability of water resources in future decades is a concern
Coal power generation in China and India is expected to double and triple, respectively, over the next 20 years, increasing exposure to fuel price volatility, exacerbating local air pollution, and hastening global climate change. Concentrating solar power (CSP) is a growing source of utility-scale, pollution-free electricity, but its potential in Asia remains largely unexamined.
To generate employment in the State and to encourage investments in financial and social infrastructure, the Government announced the launch of a new Industrial and Investment Promotion Policy while presenting the budget 2009-2010. The broad outlook of the new policy not only focuses on industrial investments but has also aimed at encouraging investment in service sector.
