Africa and global warming
Part 1: Low contribution but high vulnerability.
Africa is a marginal contributor to global warming, accounting for less than 4% of total greenhouse gas emissions in 2020 (in line with its weight in global GDP, but significantly less than the 17% of the world's population that it represents).
On the other hand, the region appears to be one of the most vulnerable to climate change, whether because of its intrinsic natural characteristics (water stress, desertification, etc.) or its own economic characteristics (high dependence of the continent on agricultural activities, low infrastructure development, still high level of poverty, etc.).
In the coming years, global warming could have significant economic (loss of GDP) and human (displaced populations, famines, etc.) consequences, even though the region is still very dependent on its natural capital – whether renewable (forests, cultivated land and fisheries resources, for example) or non-renewable (such as minerals and fossil fuels).
Read the latest Risk&Opportunities report published by Clément Gillet at Societe Generale Economic and Sector Studies.