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trocaire-climate-change-report-2014

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Feeling the Heat<br />

Mtuwa village in Chikwawa, southern Malawi, one of the most vulnerable regions to the impacts of <strong>climate</strong> <strong>change</strong>. Credit: Alan Whelan/<br />

Trócaire.<br />

<strong>change</strong>, including health burdens, energy demand<br />

and infrastructure could be equivalent to a loss of<br />

almost 3 per cent of GDP each year by 2030. 16 In<br />

most developing countries, <strong>climate</strong> <strong>change</strong> is likely<br />

to raise income inequality and reduce household<br />

wealth.<br />

The Stern Report on the economics of <strong>climate</strong><br />

<strong>change</strong> estimates that it would be up to 20 times<br />

cheaper to prevent further <strong>climate</strong> <strong>change</strong> as<br />

opposed to dealing with the economic costs of<br />

inaction. 17<br />

vi

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