Malawi is facing rising economic losses from climate change, currently costing the country around 1.7% of its Gross Domestic Product each year.
Experts warn that losses could reach between 3% and 9% by 2030, and up to 16% by 2050 if trends continue.
These figures were highlighted at the 5th African Regional Conference on Loss and Damage in Lilongwe, which concluded on recently.
The summit brought together policymakers, researchers, and climate specialists to discuss the impact on growth, infrastructure, and public finances.
–Channel Africa–
