Threat of ‘heatflation’ looms large as climate change shrinks farm and seafood output, experts say


Source: scmp.com scmp.com

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The impact of climate change is there for all to see. The rising temperatures and frequency of floods and droughts is threatening agriculture and fishery around the world, with climate experts warning of “heatflation” – higher food prices driven by rising temperatures and smaller harvests. Experts said that there are measures that countries across the world can adopt to mitigate the impact of climate change on food production . “Even small changes in climatic conditions can result in large gains or losses in crop yields and production quantities,” said Aurelia Britsch, director of climate risk at Sustainable Fitch, the sustainable...