While global leaders are meeting in Egypt to discuss ways of tackling the climate crisis, a new study has shed light on the devastating economic impact rising global temperatures could inflict on the African continent.
The study, published by Christian Aid, found that current climate policies put the world on track for 2.7°C of global warming by the end of the century, and warned that this could lead to an average 20 per cent hit to African countries' expected GDP by 2050, and 64 per cent by 2100.
Even in the unlikely event that global temperatures only rise by 1.5ºC, as set out in the Paris Agreement, African countries would still be expected to face an average GDP reduction of 14 per cent by 2050 and 34 per cent by 2100, the report said.
The report was launched on finance day at the COP27 talks in Sharm El-Sheikh, where finance for poor countries hit by climate impacts is a key demand from many nations.
Based on its findings, the report's authors...