Missing lens: markets must put a price tag on the climate risks that companies face
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Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
Indian markets react instantly to oil shocks, elections and earnings misses. Yet climate risk, one of the biggest long-term threats to corporate performance, barely affects how companies and assets are valued. This disconnect can’t survive contact with reality.
Key Facts
Type Legislation
Source Livemint - Opinion
Published Wednesday, 13 May 2026
Affected Population ~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
Net-zero target: 2070
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right