Abstract: This study depicted to identify the economic impacts of climate change to have adverse
economic, ecological and social impacts. Continuous stable and suitable climate condition of the
last 10,000 years of the world for the whole of human development strategies had been changed
on a variation from 1degree Celsius to a sudden changes of temperature between 2°C and
6°Cduring 1960 and 2006. It was changed by 1.3°C in Ethiopia, at an average rate of 0.28°C per
decade. This change had been most rapid from July to September .Climate change exacerbates
the problem for the majority of the world’s rural poor who are prone to climate risk. Ethiopia
which is reliant on agriculture extremely vulnerable to frequent drought and other natural
disasters like flood, heavy rain fall, frost and heat waves. These shocks are a major cause of
transient poverty and households had been unable to smooth consumption. |