New Delhi (PTI) The monsoon in the country will be significantly affected by climate change resulting in enoromous adverse social and economic consequences, NGO Greenpeace has warned on the eve of World Environment Day.

"The stability and predicability of the monsoon are critical to India's economy, society and ecology and changes in the monsoon will have far reaching social and economic impacts," the NGO said in its study titled "Monsoon Wager: Climate Change and the Indian Monsoon" said.

A compilation of current climate science on the Indian monsoon, the paper concludes that climate change could bring about significant change to the intensity, geographic distribution and inter seasonal breaks in the monsoon, which would have enormous social consequences.

"The lives of millions of Indians, farmers, city dwellers, even those trading on the Mumbai Sensex, depend on the monsoon.

"Mumbai and India cannot allow the delicate balance of the monsoon to be thrown awry; we cannot afford to adapt if the monsoons are impacted, we simply have to stop that from happening", said Vinuta Gopal, Climate and Energy campaigner Greenpeace while referring to recent Mumbai flood.

The predictions made by the IPCC in the 4th Assessment Report suggest that warming is likely to be above the global average for South Asia, with an increase in summer precipitation and an increase in the frequency of intense precipitation in some parts.