Low-Income Countries Bear Brunt Of Climate Change
Climate change is affecting nations in a disproportionate manner with tropical low-income countries with a lesser share in emissions bearing the brunt in comparison to wealthy nations that are more responsible for global warming.
A research paper published in Science Advances recently estimated the economic loss faced by countries due to climate change over a period of 20 years.
From 1992 to 2013, the global economy suffered losses amounting to around $5 trillion-$29 trillion due to global warming. But the insurmountable global loss in terms of economy, the research suggests, was not equally shared. Worryingly, the national income of low-income tropical countries declined by around 6.7% while wealthy nations suffered a decline of only about 1.5%.