Climate change will reduce Africa’s gross domestic product (GDP) by 7.1% by 2050, leaving 200 million Africans without food and reducing agricultural income by 30%. This was reported by Bloomberg It cites a study by the Center for Global Development.
The report titled “Socio-Economic Impact of Climate Change in Developing Countries in the Coming Decades” states that the developing world will bear the burden of climate change. Although economic losses will be moderate until 2050, the impact will be severe after that date, with Africa taking the heaviest blow.
As study author Philip Kofi Adom of the University of the Witwatersrand in South Africa points out, if action is not taken to combat climate change, the socio-economic problems of developing countries, especially Africa, will worsen and undermine the successes of recent decades.
Scientists predict that the average GDP per capita in Africa will decrease by 7.1% by 2050 due to rising temperatures and drought. Additionally, approximately 200 million Africans will face severe food shortages and crop incomes will fall by 30%. Therefore, climate change will cause serious damage to the economy of the African region.
Before this, it was known what global risks were It turned out to be under the supervision of experts.
Previously Lagarde appreciated Annual green investments.