Estate Living Magazine Design for living - Issue 42 June 2019 | Page 27

P R O P E R T Y & I N V E S T M E N T frequency and intensity of cyclone events increase? We don’t know the answer to these questions with certainty. To address this uncertainty, the study sought to expose Mozambique to the full range of potential climate futures out to 2050. Some are wetter, some are drier, some involve shifts in the timing of rainfall and others don’t. While all climate futures are warmer, some project greater or less temperature increase. By analysing the full distribution of climate outcomes, researchers could obtain a distribution of associated economic outcomes. At the most negative extreme of this distribution, the study found that the economy of Mozambique may contract by up to 13% in 2050 compared with a fictional no-climate-change scenario – and assuming global policy fails to constrain emissions growth. These strong effects on GDP are principally the result of repeated climatic shocks. To arrive at these conclusions, the study linked together a series of models that converted future weather patterns, mainly temperature and precipitation, into river flow, hydropower output, irrigation potential, flood events, crop growth and finally into economic outcomes. This was done for more than 400 future climates that were selected to reflect the best estimate of the distribution of future climates. The figure below shows a distribution of the likely effects of climate change on Mozambique’s GDP around 2050 compared with a fictional, no climate change baseline, based on the results of all climate scenarios. The vertical axis shows a measure of the likelihood of the outcome. For most climate futures, climate change is likely to reduce GDP in 2050 by between 1 and 5%. Climate change implications for GDP in Mozambique by 2050. Arndt and Thurlow (2015). People living in the Beira corridor, like citizens almost everywhere, are more likely to confront more extreme climate- related disasters in the future such as droughts, floods, and cyclones. As a result, it’s important to build long-term resilience (alongside pursuing active global policies to reduce emissions and hence limit future climate change). L Unfortunately, it’s not clear when or where the next disaster will strike southern Africa. However, we can say that the odds are changing – and not for the better, as shown by the illustration. The figure also shows that reductions of more than 5% of GDP by 2050 are less likely but still perfectly possible. Cyclone Idai is a good example of a low-frequency but high-impact extreme event. The left-hand side of the distribution (the ‘long tail’) reflects climate futures where repeated extreme events strike economically important zones.