Household resilience to climate change in the “big three” African economies
Abstract The precarious nature of climate change and its consequences on the resilience of economies require examination. This study investigated climate change resilience in the “big three” economies in Africa—Egypt, Nigeria, and South Africa—using macroeconomic data. Results indicated that Nigeria had the highest vulnerability score and South Africa had the highest resilience score. Readiness for climate change was low in all countries, especially in Nigeria. Climate vulnerability had a significant dampening effect on per capita Gross Domestic Product (GDP) in the three economies. In addition, reducing inflation is associated with increased welfare and resilience by raising per capita GDP, although the effect needs to be magnified with sound economic policies. The low adaptive capacity presents policy direction to develop human resource capacities, improve safety net delivery, and ensure effective early warning systems.
Authors
- Sulaiman Yusuf (ORCID: https://orcid.org/0000-0002-7922-2962)
- Olaide A. Akin‐Olagunju (ORCID: https://orcid.org/0000-0002-5828-0784)
- Temitayo Adenike Adeyemo (ORCID: https://orcid.org/0000-0001-6870-5996)
- Emmanuel O. Dada
- Adeleke Salami
Institutions
- African Development Bank Group (CI)
- University of Ibadan (NG)
Publication Details
- Journal
- African Development Review
- Published
- 2024-09-01
- DOI
- https://doi.org/10.1111/1467-8268.12776
- Citations
- 5
- Primary Topic
- Agricultural risk and resilience
- Type
- article
- Field-Weighted Citation Impact
- 1.67