Implications of climate change for economic growth and sustainable development in Nigeria
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Implications of climate change for economic growth and sustainable development in Nigeria

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Published by African Institute for Applied Economics in Enugu, Nigeria .
Written in English


  • Climatic changes,
  • Congresses,
  • Environmental policy,
  • Sustainable development,
  • Economic policy,
  • Economic development

Book details:

Edition Notes

Other titlesDebating policy options for national development
Statementeditors: Eric C. Eboh .... [et al.].
SeriesEnugu Forum policy paper -- 10, Enugu Forum policy paper -- 10.
ContributionsAfrican Institute for Applied Economics, Enugu Forum
LC ClassificationsQC903.2.N6 I47 2009
The Physical Object
Pagination64 p. :
Number of Pages64
ID Numbers
Open LibraryOL25248097M
LC Control Number2012367372

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Climate Change Adaptation Vulnerable groups can be more affected by climate change due to limited resources and low adaptive capacity (BNRCC, ). Studies demonstrate that rural women in developing countries, for example, are more vulnerable to climate change . Climate change and economic. The main purpose of this paper is to examine climate change and sustainable development in Nigeria. to study the rainfall patterns and its implications in. Not only is it a serious threat to the planet and to people, climate change is also threatening the global economy. This problem needs public-private sector collaboration to change the way we produce goods to other methods that guarantee and drive the development of sustainable economic growth.   The study projected that if the higher-temperature scenario prevails, climate change impacts on these 22 sectors could cost the U.S. $ billion each year. If we can keep to ˚ C, it would cost $ billion less. In any case, the U.S. stands to suffer large economic losses due to climate change, second only to India, according to another study.

Economic & Social Affairs DESA Working Paper No. 56 ST/ESA//DWP/56 October Climate Change and Sustainable Development Tariq Banuri and Hans Opschoor.   Climate change will exacerbate existing development challenges, hitting the poorest the hardest, with critical implications for poverty, food security, health, quality of life, and economic productivity. The report argues that long-term country-led decarbonization strategies are essential to securing better growth, climate, and development.   Climate change increases the costs of development in the poorest countries by between 25 and 30 percent. For developing countries, the annual cost of infrastructure that is resilient to climate change is around $ trillion to $ trillion, resulting in a yearly $ billion gap in financing. Sustainable development can be interpreted in economic terms as “develop- ment that lasts” (Pearce and Barbier, ) – i.e. a path along which the maximisation of human well-being for today’s generations does not lead to declines in future well-being.

  Sustainable Development Goal 13 aims to “take urgent action to combat climate change and its impact”, while acknowledging that the United Nations Framework Convention on Climate Change is the primary international, intergovernmental forum for negotiating the global response to climate change.   What's the Economic Impact of Climate Change? Insurance. From to , extreme weather cost $ trillion.   Munich Re, one of the world's largest reinsurance firms, blamed climate change for $24 billion of losses in the California wildfires. . This paper is a contribution to the empirics of climate change and its effect on sustainable economic growth in Sub-Saharan Africa. Using data on two climate variables, temperature and precipitation, and employing panel cointegration techniques, we estimate the short- and long-run effects of climate change on growth. We establish that an increase in temperature significantly reduces economic. Climate change and sustainability. Climate change caused by the global increase in temperatures triggers multiple negative effects on the planet. These effects interrelate with each other and increase their violence, putting at risk the species that inhabit the Earth, including the humans.. In this infographic you can see how the rise in temperatures caused mainly by greenhouse gas emissions.