IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/46807.html
   My bibliography  Save this paper

The Economics of Climate Change and Science of Global Warming Debate:African Perspectives

Author

Listed:
  • Nwaobi, Godwin

Abstract

As at today, it is an indisputable fact that the climate is changing and there is a scientific consensus that the world is becoming a warmer place principally attributable to human activities. Regrettably, the physical impacts of future climate change on humans and the environment will include increasing stresses on and even collapses of ecosystems, biodiversity loss, changing timing of growing seasons, coastal erosion, and ocean acidification as well as shifting ranges for pests and diseases. Consequently, development goals are threatened by climate change with heaviest impacts on poor countries and poor people. In particular, African countries will bear the brunt of effects of climate change, even as they strive to overcome poverty and advance economic growth. For these countries, climate change threatens to deepen vulnerabilities, erode hard-won gains and seriously undermine prospects for development. Using environmental impact and sustainability applied general equilibrium model, this paper argues that climate change will negatively affect agricultural productivity in Africa. Although the obligations to mitigate and adapt to climate change (and to go green) may be costly, it can actually represent an opportunity for African economies. As latecomers, Africa has indeed an opportunity to be at the forefront of the green revolution by implementing green development strategies based on low energy –intensity, low-carbon emissions and clean technologies.

Suggested Citation

  • Nwaobi, Godwin, 2013. "The Economics of Climate Change and Science of Global Warming Debate:African Perspectives," MPRA Paper 46807, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:46807
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/46807/1/MPRA_paper_46807.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Hallegatte, Stephane & Heal, Geoffrey & Fay, Marianne & Treguer, David, 2011. "From growth to green growth -- a framework," Policy Research Working Paper Series 5872, The World Bank.
    2. Daly, Herman E., 1990. "Toward some operational principles of sustainable development," Ecological Economics, Elsevier, vol. 2(1), pages 1-6, April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Climate Change; Global Warming; Sustainable Development; Carbon Dioxide; Emissions; Methane; Nitrox Oxide; Simulations; Africa; Climate Finance; Abatement; Mitigation; Policies; Green Growth; Green Economy; Environment; Strategies; Perspectives; Challenges; Development Models; Temperature; Agriculture; Productivity; Poverty; Global Partnership; Ocean; Earth; Greenhouse Gases; Envisage; Cge Model; Energy Climate Change; Global Warming; Sustainable Development; Carbon Dioxide; Emissions; Methane; Nitrox Oxide; Simulations; Africa; Climate Finance; Abatement; Mitigation; Policies; Green Growth; Green Economy; Environment; Strategies; Perspectives; Challenges; Development Models; Temperature; Agriculture; Productivity; Poverty; Global Partnership; Ocean; Earth; Greenhouse Gases; Envisage; Cge Model; Energy;

    JEL classification:

    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • R0 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:46807. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.