© Reuters. FILE PHOTO: A police officer walks next to an electric mass transit bus assembled by electric vehicle manufacturer Roam at the Green Park Terminus in Nairobi, Kenya October 19, 2022. REUTERS/Monicah Mwangi/File Photo
By Duncan Miriri
NAIROBI (Reuters) – Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to climate change and mitigate its effects, the World Bank said on Friday.
Like other so-called frontier economies, the East African nation has been suffering from the effects of global heating, including prolonged droughts, in recent years.
“By 2050, inaction against climate change could result in a decline in real GDP of 3.61–7.25 percent,” the World Bank said in a new publication called Kenya Country Climate and Development Report.
“The impact of climate change on the economy could be partly buffered by a higher annual growth rate and structural transformation,” it said.
If Kenya’s economy grows 7.5% per year through to 2050, in line with the government’s target, the damage of climate change to economic output would drop to 2.78–5.3%, the report said.
It called for increased investments in water resources…
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