Climate in the Global South | Advancing innovation and collective action
A flagship knowledge report for the “Mumbai Climate Week 2026”
Climate change is no longer a distant environmental concern. It is a defining economic force shaping the trajectory of growth, resilience and development across the world.
Current emissions pathways place the planet on track for 2.3–2.8°C of warming by 2100. The economic consequences are profound; unchecked climate change could result in global economic losses of US$178 trillion by 2070. Yet, while climate risk is global, its impact is deeply unequal.
As the Global South emerges as the next engine of global growth, it faces a defining challenge: How can growth be accelerated while building climate resilience at scale?
This report explores how climate action and development can move forward together.
Why the Global South matters now:
At the same time, the Global South will shape more than one-third of global GDP by 2050. The climate future will be determined here.
Why this report matters:
The Global South is projected to increase its contribution to global GDP from ~20 percent today to over 35 percent by 2050. But this growth will unfold amid:
Climate response in the Global South cannot mirror the Global North. It must balance mitigation and adaptation, growth and resilience, equity and capital mobilisation.This report presents a systemic view of climate risk and a practical blueprint for scaling solutions.
Three systems. One integrated response.
This report examines climate risks and opportunities to mitigate them through three interconnected systems central to the “Mumbai Climate Week”:
Across India, Africa, Latin America and Southeast Asia, scalable case studies demonstrate how innovation, partnerships and capital can deliver measurable impact.
From fragmented efforts to scaled impact
Climate resilience in the Global South requires coordinated action:
• Governments as policy architects
• Businesses as solution designers
• Private capital as scale enablers
• Communities as implementation anchors
The transition demands a decisive shift, from incremental pilots to system-level transformation.
Explore the full report
Explore data, insights, and real-world case studies that demonstrate how locally rooted solutions can transform global climate outcomes.
