Severe weather shocks recurrently hit Malawi, and they adversely affect the incomes of many farm households as well as small businesses. With climate change, the frequency of extreme weather events is expected to increase further. A clear understanding of households' vulnerability to...

Climate change is believed to represent a serious challenge to poverty reduction efforts around the globe. This paper conducts an up-to-date review of three main strands of the literature analyzing the poverty impacts of climate change : (i) economy-wide growth models incorporating climate...