Abstract
Linkages between Climate Change, Economic Growth and Poverty Reduction have become increasingly popular in local and international communities. This is due to the fact that we are currently facing pressing issues about climate change and poverty reduction effects in our planet. In this paper an empirical testing of the effects of Climate Change, Economic Growth and Poverty Reduction was carried out. Panel estimation methods of fixed effect, random effect, and panel unit root test-fisher type with trend and constant were applied. From the results, shows that economic growth has a negative and highly significant effect on the growth of poverty in the selected West African countries. Using growth rate of economics as dependent variable, the result shows that growth of poverty is highly significant. The population living in rural areas is significant with growth of poverty and highly significant with growth of food security. The policy recommendation is that the government of the west African countries should put in place strategies to reduce poverty, climate change effects on economics growth by following measures; to have strong institution and avoidance of corruption.Such strategies contain to counter climate change effects and increase the resilience of the economy, society and country in general.
Highlights
Studies have revealed that developing nations would face the hardest hit by climate change given that they contend with extreme poverty levels and geographic conditions (Lalthapersad-Pillay & Udjo, 2014)
A brief descriptive of the data, the name of the variables, data sources and comment used in this study for climate 4change, economic growth and poverty reduction are presented in the Table 1 below: Table 1
We estimated the empirical model by growth rate of poverty, economics, food security and climate change
Summary
Studies have revealed that developing nations would face the hardest hit by climate change given that they contend with extreme poverty levels and geographic conditions (Lalthapersad-Pillay & Udjo, 2014). Developing countries are already overwhelmed by big challenges when it comes to their current climate and to make matters worse, disadvantaged in terms of economic growth. This situation could be worsened by climate change and cause these developing countries to lag behind even further. Lalthapersad-Pillay and Udjo (2014) made it clear which African countries will be worst affected by climate change in the area of economic costs, food security, the spread of diseases and poverty. Out of the 44 countries considered for the study, 11 countries came out with high level risk of negative effects of climate change impact in the areas above. Sarkar (2012) tells us that climate change is a developmental problem that is rooted in sustainable development policy and will gravely encumber eer.ccsenet.org
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