Climate study: Europe's drying and warming climate is deepening poverty and inequality
By
Susan Chacko
Summary
A new Climate Analytics study reveals that rising heat waves and droughts due to climate change are deepening poverty and inequality across Europe. At 2.7°C of global warming, Spanish household incomes could fall by over one-third and Greek incomes by over one-half. The impacts are unevenly distributed, with Southern and Eastern European countries like Greece, Spain, Romania, Bulgaria, and Cyprus most affected. Limiting warming to 1.5°C would minimize income losses, reduce inequality increases, and allow more time to adapt. The study warns that failing to meet climate targets will sharply increase at-risk-of-poverty rates by 2100.
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Key quotes
· 3 pulledAt 2.7°C of global warming, Spanish household incomes would fall by more than one-third, and Greek household incomes by more than one-half.
Limiting global warming to 1.5 °C by 2100 minimises the negative impacts on income and limits the increase in income inequality and at-risk-of-poverty rates.
Limiting warming also allows for more time to adapt to the adverse effects of heat waves and droughts.
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