food supplies, and loss of livestock and livelihoods. Cross-sectoral economic effects were estimated to reduce gross domestic product  by 2.8% yr-1 . Past studies have similarly shown that in the context of extreme events, such as floods or droughts, the most commonly sold assets are livestock and land. The sale of property particularly reduces the asset base, creates long-term vulnerabilities to future events and can trigger chronic poverty . People may face food shortages in the future from lack of crop production .The sale of cattle affects the household asset base, as well as important access to animal traction power for farming.
IPCC
Climate Change 2022: Impacts, Adaptation and Vulnerability
IPCC Report