World Bank: Climate shocks may cost Nigeria $2.4bn to prevent poverty

Nigeria will require an estimated $2.4 billion, equivalent of about 0.6% of its Gross Domestic Product (GDP), to shield its households from falling into poverty after experiencing a climate shock, the World Bank has predicted. The World Bank, which stated this in its inaugural Finance and Prosperity report, noted that climate shocks are increasingly contributing...The post World Bank: Climate shocks may cost Nigeria $2.4bn to prevent poverty first appeared on New Telegraph.The post World Bank: Climate shocks may cost Nigeria $2.4bn to prevent poverty appeared first on New Telegraph.

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