Climate crisis ‘to devastate’ world’s poorest economies

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The 65 most vulnerable nations will see their GDP drop 20% on average by 2050 if the world heats up 2.9 degrees Celsius, a new study shows

Even if global temperature rises are capped at 1.5C, in keeping with the most ambitious Paris Agreement goal, the same countries would take a GDP hit of 13 percent by 2050 and 33 percent by the end of the century, the study revealed.Global south at riskAll 10 face GDP damage of more than 70 percent by 2100 under our current climate policy trajectory, and 40 percent even if global warming is capped at 1.5C.

The country would see a GDP reduction of 32 percent by 2050, and 84 percent by 2100 compared with if there was no climate change.‘Deeply unjust’ impact for poorer nations The countries covered by the report make up two key negotiating blocs at the UN climate talks, which run through Friday: the Least Developed Countries and Alliance of Small Island States .Small island states are especially vulnerable to storm surges made worse by rising seas.most severe consequences

. That is deeply unjust," said Mohamed Adow, director of Nairobi-based climate and energy think tank Power Shift Africa. However, the study does not take into account adaptation measures, which could potentially alleviate some of the damage.

 

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