Climate Crisis: Report Warns of Economic Blow

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Climate Crisis: Report Warns of Economic Blow

A new report enumerates several economic sectors that are anticipated to be severely impacted by the destructive consequences of climate change.

According to the Kenya Water Towers Agency’s performance audit on the conservation of water towers in Kenya, From Climate to Resilience: Unpacking the Economic Impact of Climate Change in Kenya, key sectors of the Kenyan economy, including agriculture and tourism, will be severely impacted if the appropriate interventions are not implemented.

“The livestock sub-sector is expected to suffer significant losses due to heat stress from the projected increase in temperature,” the report reads in parts.

Additionally, the tourism industry will be significantly impacted by the consequences for the Kenyan coastal belt, according to the report.

Kenya is projected to encounter water scarcity if the present trajectory is sustained, as stated in the report.

Water scarcity, including the flow of water from Mount Kenya, will significantly impact hydropower, sanitation, and agricultural irrigation from a socioeconomic standpoint.

Climate change poses an especially significant hazard to the Kenyan economy, which is highly dependent on natural resources such as water, according to the report. Additionally, the report highlights Kenya’s vulnerability to climate-sensitive industries as an additional obstacle that the government must overcome.

Moreover, the report highlights the potential for rising sea levels to disrupt the social and economic livelihoods of coastal residents.

The surplus heat will cause financial losses for farmers, leading to increased prices for commodities such as maize.

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“Heavy rainfall and droughts lead to water acidification; changes in sea temperatures, and new circulation patterns that adversely affect fish habitats,” read part of the report.

Higher evaporation rates and an anticipated intensification of severe drought will also have an impact on hydropower in the nation.

Notwithstanding the obstacles confronting the nation, Kenya emerges as the frontrunner in East Africa about mitigating the impacts of climate change, according to the report.

Among the numerous suggestions put forth in the report to aid the nation in overcoming the issue is the implementation of efficient water management practices.

Among additional suggestions are the implementation of agricultural insurance as a risk management tool, the allocation of funds towards effect mitigation, and the conduct of further research on the repercussions.

Kenyan citizens engaged in a nationwide tree-planting initiative on Monday, November 13. The primary objective of this endeavor was to augment the forest cover of the country, with the anticipation that doing so would assist in mitigating the impacts of climate change.

President William Ruto (atop a car) addressing Kenyans in Naivasha Town on Wednesday, June 14, 2023

Climate Crisis: Report Warns of Economic Blow

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