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LONDON (Thomson Reuters Foundation) - Handing 5% of the money rich nations raise from carbon emissions charges to Sub-Saharan Africa would counter the impact of rising prices on the world’s poorest people, researchers said on Tuesday.
More and more wealthy countries are seeking to impose emissions charges on companies, but doing so risks pushing up the price of essential goods, which hits the poor hardest, said a study published in the journal Nature Communications.
The researchers said that risk could be mitigated by handing the proceeds to households in the form of “climate dividends” and donating 5% to the poorest countries.
Progressive climate policy can reduce extreme poverty — study
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Nobel summit predicts transformative decade on climate
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Natural-process coffee on a raised drying bed. Daily Coffee News photo.
Researchers from parts of Africa and Europe have shed new light on how climate change may affect what’s considered “specialty coffee” growth in Ethiopia throughout the rest of this century.
Incorporating advanced modeling for climates, topography and soils using specific geographical reference points throughout the Ethiopian coffeelands, the research provides a first-of-its-kind prediction of how specific Ethiopian coffee growing regions will be affected through 2090.
At the same time, the research explains the market-related consequences of such changes, identifying the real or perceived value of certain Ethiopian origins or geographic indications such as Yirgacheffe, Sidamo, Harar, Nekemte and Limu within the differentiated specialty coffee market.