Author(s): Andrea Roventini Francesco Lamperti Elisa Palagi Matteo Coronese

Precipitation anomalies induced by climate change widen inequality by harming the poorest

Source(s): VOXEU/ CEPR
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Farmer in a dry field
Shutterstock / Riccardo Mayer

Studies have shown that climate change will massively impact our economies and magnify disparities across countries. Using global data on inequality and climate indicators, this column shows that rainfall anomalies also increase income inequality within countries that are heavily dependent on agriculture. Income inequality will particularly worsen in Africa. Climate change will increase regional disparities in some areas, such as Europe, while hurting economic growth in most countries. Mitigation and adaptation policies must be coupled with interventions to tackle inequalities and foster sustainable growth, especially in highly exposed areas.

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