Climate Change Costs African Countries 5% of their GDP – Report

Following one of the hottest years on record for the continent, a new analysis released on Monday revealed that African countries are losing up to 5% of their GDP annually as a result of being more affected by climate change than the rest of the globe.

Many African countries are reportedly allocating as much as 9% of their budgets to climate adaptation initiatives, according to the World Meteorological Organization.

WMO Secretary-General Celeste Saulo stated, “Africa has observed a warming trend that has become more rapid than the global average over the past 60 years,” and she warned that it is hurting everything from public health to peace to food security.

Less than 10% of the world’s greenhouse gas emissions come from Africa. However, the WMO stated that it is the area most susceptible to extreme weather, such as heatwaves, floods, and droughts.

One of the three warmest years on record for Africa, 2023, is the subject of the new analysis. It advised nations in Africa to allocate funds for meteorological services and early warning systems. The analysis warns that by 2030, up to 118 million Africans might be at risk of droughts, floods, and high heat if insufficient precautions are implemented.

Also Read:

When the Ugandan Olympian Returned from the Games, Her Boyfriend Lit Her on Fire

In Israel, Tens of Thousands Protest in Favor of a Ceasefire in Gaza