Unraveling the Climate-Macro Conundrum: The Macroeconomic Impact of Climate Change in Eastern Africa

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cg.authorship.typesCGIAR multi-centreen
cg.contributor.affiliationAddis Ababa Universityen
cg.contributor.affiliationInternational Livestock Research Instituteen
cg.contributor.affiliationAccelerating Impacts of CGIAR Climate Research for Africaen
cg.contributor.affiliationInternational Center for Agricultural Research in the Dry Areasen
cg.contributor.donorWorld Banken
cg.coverage.countryEthiopia
cg.coverage.countryKenya
cg.coverage.countryRwanda
cg.coverage.countryTanzania
cg.coverage.countryUganda
cg.coverage.iso3166-alpha2ET
cg.coverage.iso3166-alpha2KE
cg.coverage.iso3166-alpha2RW
cg.coverage.iso3166-alpha2TZ
cg.coverage.iso3166-alpha2UG
cg.coverage.regionAfrica
cg.coverage.regionEastern Africa
cg.coverage.regionSub-Saharan Africa
cg.creator.identifierAlemayehu Geda: 0000-0001-5298-9066en
cg.creator.identifierAddis Yimer: 0000-0002-9494-2386en
cg.creator.identifierTeferi Demissie: 0000-0002-0228-1972en
cg.creator.identifierMaren Radeny: 0000-0001-6470-8372en
cg.creator.identifierAbonesh Tesfaye: 0000-0003-4768-4131en
cg.creator.identifierDawit Solomon: 0000-0002-6839-6801en
dc.contributor.authorGeda, Alemayehuen
dc.contributor.authorYimer, Addisen
dc.contributor.authorDemissie, Teferi Dejeneen
dc.contributor.authorRadeny, Maren A.O.en
dc.contributor.authorKassie, Girmaen
dc.contributor.authorTesfaye, Aboneshen
dc.contributor.authorBelay, Berhanuen
dc.contributor.authorSolomon, Dawiten
dc.date.accessioned2023-12-20T15:38:58Zen
dc.date.available2023-12-20T15:38:58Zen
dc.identifier.urihttps://hdl.handle.net/10568/135660
dc.titleUnraveling the Climate-Macro Conundrum: The Macroeconomic Impact of Climate Change in Eastern Africaen
dcterms.abstractThis study has empirically examined the macroeconomic impact of climate change in the East African region by focusing on Ethiopia, Kenya, Rwanda, Tanzania, and Uganda. It dealt with this effect comprehensively by focusing on economic growth, agricultural output, exports, and food security (using food supply and inflation). This is done using a suite of theoretical models from macroeconomic and macro-econometric literature. The analysis confirms that the effects of climate change in the region are real and present a macroeconomic danger to the economies of the five countries in the region. Specifically, the study found that climate change negatively affects the region's economic growth (total output), agriculture output, exports, food production and supply, and inflation dynamics. The study found several empirically specific effects of climate change. It, for instance, found climate change to reduce the annual GDP of the region by an average of about 7% (which varies from 2.5 in Tanzania to 15 in Ethiopia) by 2050, compared to a no-climate change scenario. The latter is found to have implications for food security in the region. The findings call for authorities in these economies to develop climate change coping and adaptation strategies not only for their own sake but also as part of their macroeconomic policy.en
dcterms.accessRightsOpen Access
dcterms.audienceAcademicsen
dcterms.audienceCGIARen
dcterms.audienceDevelopment Practitionersen
dcterms.audienceDonorsen
dcterms.audienceNGOsen
dcterms.audiencePolicy Makersen
dcterms.audienceScientistsen
dcterms.bibliographicCitationGeda A, Yimer A, Demissie T, Tesfaye A, Radeny M, Kassie G, Belay B, Solomon D. 2023. Unraveling the Climate-Macro Conundrum: The Macroeconomic Impact of Climate Change in Eastern Africa. AICCRA Working Paper no. 13. Accelerating Impacts of CGIAR Climate Research in Africa (AICCRA).en
dcterms.issued2023-08en
dcterms.languageen
dcterms.licenseCC-BY-NC-4.0
dcterms.publisherAccelerating Impacts of CGIAR Climate Research for Africaen
dcterms.typeReport

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