Effects of Climate Change on GDP


The Institute for Public Policy Analysis and Management( I PP AM) has warned that if an aggressive climate change policy was not put in place to sustain the socio-economic developmen­t, the country would lose 11 per cent of Gross Domestic Product( GDP) to climate change by 2020. This was the highlights of the IPPAM one-day public policy roundtable series on Thursday in Abuja with the theme :“Climate Change, Livelihood­s and Public Policy Responses in Nigeria ." The stakeholde­rs also lamented that Nigeria did not have any coherent policy document developed on the issue of climate change. According to the keynote speaker and Vice Chancellor, Alex Ekwueme University, Ebonyi, Prof. Chinedum Nwajiuba ,the country’ s Economic Recovery Growth Plan( ER GP) in some instances was inconsiste­nt with Nationally Determined Contributi­on (NDC), which should be the pillar of sustainabl­e developmen­t in the country.

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