ASSESSING THE SOCIO-ECONOMIC CONSEQUENCES OF CLIMATE CHANGE IN NIGERIA
Keywords:
Climate Change, Socio-Economic Impacts, Climate Resilience, Green Economy JEL code: Q51, Q52, Q54, Q56, Q58Abstract
Nigeria's Climate change poses significant socio-economic challenges, including decreased crop yields, disruptions to livestock and fisheries, food security issues, biodiversity loss, damage to infrastructure, and increased public health risks. These issues disproportionately affect vulnerable communities, exacerbating social inequalities. The study suggests that the green economy can generate economic growth and job creation through sustainable practices, such as renewable energy, energy efficiency, sustainable transportation, agriculture, waste management, and green building. Investment opportunities in climate resilience include infrastructure resilience, agricultural adaptation, water resource management, renewable energy, natural resource management, and disaster risk reduction. Policy recommendations include robust climate governance, renewable energy promotion, agricultural resilience enhancement, sustainable urban development, green finance, public awareness, and social equity.