Climate Change’s Cost on Poor Households
A Food and Agriculture Organization (FAO) report released on 16th October 2024 revealed that poor households globally lose up to 5% of their total income due to heat stress and 4.4% due to floods, highlighting the severe impact of climate change on the rural poor, particularly in India.
Key Points
- FAO's analysis focuses on the rural poor, youth, and women, specifically in India, showing that climate events widen income inequality.
- Poor rural households depend more on on-farm income due to reduced off-farm opportunities during climate stresses, like droughts.
- Climate events can lead to a 53% rise in poor households’ reliance on farm ....
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