Sub-Saharan Africa (SSA) is a region particularly vulnerable to climate change which exacerbates poverty and derails development goals. This study examines the long-run impact on Uganda's economy of climate induced revenue generation (tax) and expendi...
Sub-Saharan Africa (SSA) is a region particularly vulnerable to climate change which exacerbates poverty and derails development goals. This study examines the long-run impact on Uganda's economy of climate induced revenue generation (tax) and expenditures (subsidies), as well as up to date findings on climate in debt and money spending and our research findings. However, it should be noted that many of Uganda's tax expenditures fail to correlate with a climate condition change for eligibility adjustment. Using the RICE50+ Integrated Assessment Model, the economy of Uganda and climate was projected over the next century based on four distinct policy scenarios: the No-Policy Baseline and the Optimal (SSP1-2.6), Middle Road (SSP2- 4.5) and Worst Case (SSP5-8.5). Ultimately, findings conclude that while Uganda's climate contribution neither helps nor hinders projected global climate baselines, the No-Policy generates significant climate damages in 2200 that can compound from 2200 to 7-8% of all productivity. The Optimal (SSP1-2.6) is determined to be the most beneficial and best-cost approach to creating net economic gain while reducing compounded climate damages. These results also indicate that for Uganda, adaptation should be the priority relative to global efforts because no country does enough relative to the overall baselines to make a difference. Therefore, it's better to spend greater amounts on adaptation.