Impact of climate change on Developing economies
Climate change is having a significant impact on trade in developing countries. As global temperatures rise and weather patterns become more extreme, these countries are facing increased challenges in terms of crop yields, natural resource availability, and infrastructure resilience. Further, as the more advanced economies introduce strategies to reduce their carbon emissions and achieve their net zero targets, this will put unequal pressure on the trading capacities of developing countries. The impact of climate change on economic growth in developing countries is expected to be significant and negative. Developing countries are generally more vulnerable to the impacts of climate change than developed countries due to a number of factors, including: Greater reliance on agriculture and natural resources. Many developing countries have economies that are heavily reliant on agriculture and natural resources, which are sectors that are particularly vulnerable to climate change...