African countries will suffer significant economic loss after 2050 if global warming is not limited to below 2°C, a new study by the Center for Global Development has found.
In Africa, 42.5% of the working class is employed in the agricultural sector. The incomes of those, mostly rural, workers will decline. Already, a higher share of people living in rural areas are poor and most impoverished people in Africa are concentrated in the rural areas. The decline of the agricultural sector is likely to push more people into severe poverty.
Country-level projections have suggested much greater economic losses in GDP, ranging from 11.2% to 26.6% in the long term, in the most affected regions of Africa. When economies shrink in size, businesses could close down, certain jobs will be destroyed and new jobs will not be created. Can adaptation and mitigation help us avoid this disaster? When we talk about climate change it is community or collective action. Obviously, governments are the big players. The government has to foster the change efforts that are required by supporting private initiatives in climate adaptation and mitigation – either directly or through incentive designs. ADVERTISEMENT CONTINUE READING BELOW No attempts at adaptation and mitigation are too small.