trocaire-climate-change-report-2014
trocaire-climate-change-report-2014
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