140m People in Africa Facing Climate Change Migration by 2050

People move for many reasons – economic, social, and political. Now, climate change has emerged as a major driver of migration, propelling increasing numbers of people to move from vulnerable to more viable areas of their countries to build new lives.

The newly released World Bank report, Groundswell: Preparing for Internal Climate Migration, analyzes this recent phenomenon and projects forward to 2050. Focusing on three regions — Sub-Saharan Africa, South Asia, and Latin America – the report warns that unless urgent climate and development action is taken, these three regions could be dealing with a combined total of over 140 million internal climate migrants by 2050.

These people will be pushed out by droughts, failing crops, rising sea levels, and storm surges.

But there is still a way out: with concerted action – including global efforts to cut greenhouse gas emissions, combined with robust development planning at the country level –the number of people forced to move due to climate change could be reduced by as much as 80 percent – or 100 million people.

Hot this week

How Mobile Banking Makes Everyday Transactions Easier

Mobile banking is changing how Nigerians manage money, pay...

AXA Mansard Holds 34th AGM in Lagos

General Counsel/Human Resources Director, AXA Mansard Insurance Plc, Omowunmi...

Mutual Benefits Advocates Insurance-Led Resilience at UNILAG Research Conference

  MD/CEO, Femi Asenuga, representing Group Chairman Dr. Akin...

Ex-PenOp CEO, Oguche Agudah, Tasks Pension Operators on SCOPE Concept Post- Recapitalisation

As pension sector operators continue to race towards meeting...

Ex-NAICOM Boss, O.S. Thomas to CHAIR Business Journal Insurance & Pension Roundtable 2026

Mr. Olorundare Sunday Thomas, former Commissioner for Insurance/CEO, National...

Topics

Moniepoint Seeks More Investment in STEM Education in Nigeria

L-R Board Member, Tosin Eniolorunda Foundation, Oyinlola Eniolorunda; Israel...

SEC Nigeria Commemorates 7th World Investor Week

  The Commission, in collaboration with the Financial Literacy Technical...

Polaris Bank: New Core Investor, New Board, New Vision!

Polaris Bank is pleased to announce that it has...

NNPC, Schlumberger Sign Agreement to Boost Upstream Operations

Managing Director, NNPC Energy Services Limited (EnServ), Sophia Mbakwe...

Post-Election Trading Begins on a Positive Note… ASI up 57bps

As investors await the results of the 2019 presidential...

Heirs Insurance Essay Championship: Applications Open for Students, Teachers in N10.5m Program

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

Consolidated Hallmark Seeks N500m to Acquire Life Insurer

Consolidated Hallmark Insurance Plc (CHI) is seeking N500 million...

African Guarantee Fund Earns AA-Rating from Fitch

The African Guarantee Fund for Small and Medium-Sized Enterprises...