THE NEXUS OF ENVIRONMENT AND ECONOMY BYYUVAN KANTHAMANENI 2022B3A70785H UNDERSTANDING THE RELATION B/W ENVIRONMENT AND ECONOMY: Understanding the relation b/w environment and economy is crucial for these several reasons: -Sustainable development -Resource management -Economic resilience -Energy transition -Consumer behaviour -Job creation - Global interconnectedness SOME EFFECTS ON PRICES DUE TO CHANGE IN ENVIRONMENT: 1) ON FOOD PRICES: -Climate related factors such as change in precipitation patterns and drought can impact crop yields. -Thus it changes the prices of food grains. 2) ON PETROL PRICES: -Due to the depletion of fossil fuels and the effort to curb greenhouse effect , the prices of petrol increases. 3) NATURAL DISASTERS: -Natural disasters destroy houses , crops and other essential items thus affecting the economy of that particular market. ENVIRONMENTAL CHANGES IN HYDERABAD AND THEIR EFFECT ON PRICES: 1) TEMPERATURE: -According to this report the mean temperature In Hyderabad in the year 2012 is 26.4 and in the Year 2022 is 26. -In the lower part the graph shows the so called warming stripes. Each coloured stripe represents the average temperature for a year – blue for colder and red for warmer years -Therefore 2012 was relatively a warmer year as compared to 2022. 2) PRECIPITATION CHANGE: -According to this report the mean rainfall In the year 2012 was 723.9mm while in the Year 2022 it was 891mm. -In the lower part the graph shows the so called precipitation stripes. Each coloured stripe represents the total precipitation of a year - green for wetter and brown for drier years. - Therefore it rained more in 2022 than in 2012. d 3) AIR POLLUTION: -AQI stands for air quality index -It is used to communicate the level of air quality and the associated health risks in that specific location -In 2012 the AQI of Hyderabad was around 89.14 and in 2022 it has risen to around 110. THANK YOU!!!