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Climate Change Could Cut Kenyan Output by 7.5%, World Bank Says.
In: Bloomberg.com, 2023-11-26, S. N.PAG
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A World Bank report warns that extreme weather conditions caused by climate change will have severe consequences for Kenya's economy, exacerbating poverty and inequality. The report highlights that rural areas, particularly arid and semi-arid counties, will be most affected, with agriculture being hit the hardest. The study suggests that a drier and hotter future could lead to a nearly 14% reduction in agriculture's contribution to the economy. If no action is taken, Kenya's gross domestic product could drop by as much as 7.3% by 2050. The report also estimates that Kenya's efforts to reduce emissions will require significant financial investment, with the country committing to finance a portion of this cost. [Extracted from the article]
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Climate Change Could Cut Kenyan Output by 7.5%, World Bank Says.
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Autor/in / Beteiligte Person: | Ombok, Eric |
Zeitschrift: | Bloomberg.com, 2023-11-26, S. N.PAG |
Veröffentlichung: | 2023 |
Medientyp: | serialPeriodical |
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