Africa is currently facing a severe climate crisis that threatens its economic stability and social fabric. Understanding the economic and social impacts of climate change is crucial for developing effective strategies to mitigate these effects.
As climate-related disasters become more frequent, the financial burden on African nations is projected to increase to Sh6.5 trillion by 2030.
Currently, the continent experiences economic losses ranging from 2% to 5% of its GDP, with up to 9% of national budgets being diverted to address climate responses.
This situation affects millions, with up to 118 million people living on less than $1.90 per day facing dire consequences. Marginalized communities, particularly the poorest populations, are disproportionately impacted by climate change.
Economic disparities mean that those with limited resources are more vulnerable to the effects of extreme weather events.
For instance, droughts and floods can devastate crops, leading to food shortages and increased prices. Women, who often play a crucial role in agriculture and resource management, face specific challenges as they frequently lack access to resources and decision-making power.
These challenges can hinder their ability to adapt to changing conditions and secure their livelihoods. Moreover, health risks are heightened due to increased food insecurity and the prevalence of extreme weather events.
Malnutrition rates can rise as crops fail, leading to a cycle of poverty and poor health outcomes. Vulnerable populations may also face increased exposure to diseases as changing climates create favorable conditions for pests and pathogens.
The interconnectedness of global crises exacerbates the situation in Africa. Climate change does not exist in isolation; it intertwines with food insecurity and geopolitical conflicts, such as those arising from the Russia-Ukraine war.
HAVE YOU READ?