Implications of climate change for Ghana’s economy
Long-run economic development in Ghana is potentially vulnerable to anthropogenic climate change given the country’s dependence on rain-fed agriculture, hydropower and unpaved rural roads. We use a computable general equilibrium model, informed by detailed sector studies, to estimate the economy-wid...
| Autores principales: | , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
MDPI
2015
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/149577 |
| _version_ | 1855541301281292288 |
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| author | Arndt, Channing Asante, Felix A. Thurlow, James |
| author_browse | Arndt, Channing Asante, Felix A. Thurlow, James |
| author_facet | Arndt, Channing Asante, Felix A. Thurlow, James |
| author_sort | Arndt, Channing |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Long-run economic development in Ghana is potentially vulnerable to anthropogenic climate change given the country’s dependence on rain-fed agriculture, hydropower and unpaved rural roads. We use a computable general equilibrium model, informed by detailed sector studies, to estimate the economy-wide impacts of climate change under four climate projections. Climate change is found to always reduce national welfare, with poor and urban households and the northern Savannah zone being the worst affected. However, there is wide variation across scenarios in the size of climate impacts and in the relative importance of sectoral impact channels, thus underscoring the need for multi-sector approaches that account for climate uncertainty. Our analysis of adaptation options indicates that investing in agricultural research and extension, and improved road surfaces, are potentially cost-effective means of mitigating most of the damages from climate change in Ghana. |
| format | Journal Article |
| id | CGSpace149577 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | MDPI |
| publisherStr | MDPI |
| record_format | dspace |
| spelling | CGSpace1495772025-02-19T13:42:56Z Implications of climate change for Ghana’s economy Arndt, Channing Asante, Felix A. Thurlow, James economic impact computable general equilibrium models climate change Long-run economic development in Ghana is potentially vulnerable to anthropogenic climate change given the country’s dependence on rain-fed agriculture, hydropower and unpaved rural roads. We use a computable general equilibrium model, informed by detailed sector studies, to estimate the economy-wide impacts of climate change under four climate projections. Climate change is found to always reduce national welfare, with poor and urban households and the northern Savannah zone being the worst affected. However, there is wide variation across scenarios in the size of climate impacts and in the relative importance of sectoral impact channels, thus underscoring the need for multi-sector approaches that account for climate uncertainty. Our analysis of adaptation options indicates that investing in agricultural research and extension, and improved road surfaces, are potentially cost-effective means of mitigating most of the damages from climate change in Ghana. 2015-12-21 2024-08-01T02:49:33Z 2024-08-01T02:49:33Z Journal Article https://hdl.handle.net/10568/149577 en Open Access MDPI Arndt, Channing; Asante, Felix A.; and Thurlow, James. 2015. Implications of climate change for Ghana’s economy. Sustainability 7(6): 7214 - 7231. https://doi.org/10.3390/su7067214 |
| spellingShingle | economic impact computable general equilibrium models climate change Arndt, Channing Asante, Felix A. Thurlow, James Implications of climate change for Ghana’s economy |
| title | Implications of climate change for Ghana’s economy |
| title_full | Implications of climate change for Ghana’s economy |
| title_fullStr | Implications of climate change for Ghana’s economy |
| title_full_unstemmed | Implications of climate change for Ghana’s economy |
| title_short | Implications of climate change for Ghana’s economy |
| title_sort | implications of climate change for ghana s economy |
| topic | economic impact computable general equilibrium models climate change |
| url | https://hdl.handle.net/10568/149577 |
| work_keys_str_mv | AT arndtchanning implicationsofclimatechangeforghanaseconomy AT asantefelixa implicationsofclimatechangeforghanaseconomy AT thurlowjames implicationsofclimatechangeforghanaseconomy |