From The Hindu newspaper:
The Union government’s spending on climate change “adaptation” is more than its spending on the health sector, said a top official of the Union Finance Ministry on Monday. Speaking to The Hindu on the sidelines of a national workshop on financing strategies for implementing State-level action plans to counter the effects of climate change, Dipak Dasgupta, Principal Economic Adviser to the ministry, said the Union government spent 2.8 per cent of national Gross Domestic Product (GDP) in 2010-11 on climate adaptation measures, which are intended to reduce the impact of global warming and climate change on various sections of the population.[The "Union government" is India's name for its central government.]
“We have not included the expenditures on mitigating the effects of climate change,” Mr. Dasgupta pointed out.... Mr. Dasgupta, who also heads the Climate Change Finance unit in the Finance Ministry, said the expenditure on adaptive measures, as a percentage of GDP, has doubled in the last decade. Mr. Dasgupta said more than 10 per cent of the annual budget of the Union government is devoted to such expenditures across all departments.
“The unpredictable nature of the weather, especially in terms of rainfall, is one of the main problems caused by climate change,” Mr. Dasgupta said, referring to the drought this year.
India's 2011 GDP was $1.8 trillion, but $4.5 T on a PPP basis. So their spending on adaptation would be, if it were in the U.S. society, the equivalent of $422 billion, or $1,350 per American.
And this is for 2011, not 2030 or 2050 or 2100. India's per capita GDP (PPP) is only $3,700, so having to spend 2.8% of that on adapting to climate change is a large sacrifice -- and ought to be shameful to the developed world, especially the U.S.
The other day I calculated national contributions to total historical emissions, updating this table by The Guardian (which stops in 2004) using EIA annual national data. Through 2010, the U.S. is responsible for 28% of world emissions from fossil fuel consumption; China 8%, India 3%.
How big is the check we should be sending to India every year?