Climate Investment Could Create 5 Million Jobs in India by 2030
India could add more than 5 million jobs to its economy by 2030 through strategic investments in climate action, according to a new report released by Deloitte India in collaboration with the Rainmatter Foundation.
Titled The State of Climate Response in India, the report outlines how a US$1.5 trillion investment over the next five years could unlock significant employment opportunities and generate up to US$4 trillion in annual economic output.
Climate Investment as a Driver of Economic Growth
The report highlights that climate-focused investments would create direct and indirect jobs across sectors such as manufacturing, operations and maintenance, green materials, feedstock aggregation, warehousing, and logistics.
These jobs would support India’s transition to a more inclusive and climate-resilient economy.
Ashwin Jacob, Partner and Energy, Resources & Industrials Industry Leader at Deloitte India, emphasized the need for a shift in approach.
“India’s climate response must evolve from scattered initiatives to a shared mission that rewires how we build, invest and innovate. This is not about doing more projects—it’s about redesigning the core and making resilience the default setting for growth.”
Systemic Transformation Over Siloed Efforts
The report calls for a systems approach to climate adaptation and mitigation, urging policymakers, corporates, civil society groups, and city planners to move beyond isolated interventions.
It recommends aligning decisions, investments, and incentives across sectors to create a unified climate strategy.
Sameer Shisodia, CEO of Rainmatter Foundation, noted, “The challenges we face today are deeply interconnected, but that also means the solutions can be transformative. Our report shows that by embracing complexity and overcoming silos, businesses and governments can unlock new opportunities for resilience and innovation.”
Citizen Climate Survey: Public Awareness and Action
As part of the report, Deloitte conducted the 2025 Citizen Climate Survey, which found that 86 percent of respondents experienced tangible effects of climate change, with one-third reporting disruptions to health and livelihoods.
While many individuals are taking steps to adapt—44 percent practice waste segregation, 40 percent reduce electricity or water use, and 30 percent cut down on single-use plastics—22 percent remain inactive.
Barriers to participation include doubts about individual impact (33 percent), perceived need for financial incentives (30 percent), and limited awareness (25 percent).
The report suggests that coordinated efforts and public communication are essential to increase engagement.
Corporate Climate Readiness: Progress and Gaps
The Corporate Climate Readiness Survey 2025 reveals that Indian businesses are increasingly affected by climate-related events.
Forty-seven percent of businesses cited employee health challenges caused by changing environmental conditions.
Additionally, 44 percent reported that shifts in consumption patterns and evolving regulations are affecting their operations.
Forty-one percent of companies are building climate risk mitigation and adaptation capabilities, while 28 percent are supporting innovation.
However, the report warns that these isolated efforts limit broader sector-wide impact.
Prashanth Nutula, Partner at Deloitte India, stressed the importance of collaboration: “Unlocking the promise of green job creation rests on the ability to move beyond fragmented climate efforts and work in unison.”
Recommendations for Policy and Governance
The report outlines several recommendations to strengthen India’s climate response:
- Mainstream climate into boardroom priorities, core strategy, and value chains
- Invest in open, interoperable systems across energy, agriculture, waste, and water sectors
- Develop climate talent through education, entrepreneurship, and upskilling
- Establish unified climate governance across national, state, and local levels
- Strengthen research–policy–industry linkages
- Improve access to reliable climate data and public communication
The report argues that India can build a resilient, future-ready economy by aligning efforts across stakeholders and sectors.
This coordinated approach will help address the urgent challenges posed by climate change.
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