World Bank says Kenya's economy could face setbacks without climate action
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3 Articles
Kenya's economy faces climate change risks: World Bank
The impacts of climate change could shave up to seven percent off Kenya’s economic output by 2050 compared to baseline forecasts, unless it adapts, the World Bank warned on Friday. The East African economic powerhouse is extremely vulnerable to climate disasters, recently enduring a punishing years-long drought followed by flooding precipitated by the El Nino weather phenomenon. “Without adaptation measures, the impact from climate change could …
Kenya's economy faces climate change risks: World Bank
Kenya's economy could lose up to seven percent of its GDP by 2050 if it does not adapt to the impacts of climate change, according to the World Bank. The country is highly vulnerable to climate disasters, such as droughts and floods, which have already had a significant impact on its agriculture sector. In addition, the number of poor people in Kenya could increase by 1.1 million by 2050. The government will need $62 billion by 2030 to adapt its…
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