Pakistan’s farmers battle floods, debt and climate-driven crisis
Summary
Since late June, severe monsoon rains and floods have caused significant damage across Pakistan, affecting people, homes, livestock, and crops. These events have highlighted the country's vulnerability to climate change and its impact on agriculture, a key part of Pakistan's economy. The situation underscores challenges in providing economic security for the large part of the population reliant on farming.Key Facts
- Over 800 people have died due to heavy monsoon rains and floods in Pakistan since late June.
- At least 7,225 houses have been damaged, and more than 5,500 livestock have been lost.
- Pakistan is one of the top 10 countries most vulnerable to climate change effects.
- In 2022, floods affected 33 million people and submerged roughly a third of Pakistan.
- Damage from the 2022 floods amounted to $14.8 billion, with $15.2 billion in economic losses.
- Approximately 9 million people were pushed into poverty because of these extreme weather events.
- Agriculture is vital to Pakistan's economy, making up about 24% of the GDP and employing over 37% of the labor force.
- Rising temperatures and melting glaciers pose a further threat to Pakistan’s agricultural stability.
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