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Climate change will destroy the economies of the poorest countries

2021-11-08T18:55:57.469Z


London, SANA- A new study revealed that climate change will seriously harm the poorest countries in the world by


London-Sana

A new study revealed that climate change will severely harm the poorest countries in the world by the year 2100 if the global temperature rises by three degrees Celsius.

The study, prepared by the British Christian Aid organization and issued by the COP26 climate talks in Glasgow, warned that the 65 countries most vulnerable to the effects of climate change in the world will witness a decline in their gross domestic product.

The study indicated that these countries will witness a decline in GDP by 20 percent by 2050 and 64 percent by 2100 if the global temperature rises by about 2.9 degrees Celsius.

The study added that even if global temperature rise were to be kept at 1.5 degrees Celsius, i.e. the most ambitious target within the Paris climate agreement, the gross domestic product of these countries would decline by 13 percent by 2050 and 33 percent by the end of this century.

“The ability of countries in the global south to develop sustainably is severely compromised,” said Marina Andreevich of Humboldt University in Berlin, who co-authored the report. “The policy choices we are making now are critical to prevent further damage.”

Eight of the ten most affected countries are located in the brown continent, while two of them are located in Latin America. All ten countries face damage to their gross domestic product exceeding 70 percent by the year 2100 in light of the current trend of climate policies and 40 percent if global warming is limited to 1.5 Celsius.

Source: sena

All business articles on 2021-11-08

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