Abstract
The impact of climate change on national and individual behavior has become ubiquitous. Its consequences are multiple and complex, including its impact on remittances, which are considered an essential source of financing for the majority of developing countries. Thus, the purpose of this study is to examine how migrants’ remittance behavior is affected by climate change. Based on bilateral remittance flows for 92 (developing countries) of origin and 101 host countries between 2010 and 2017, the findings indicate that the impact of climate change on remittances depends on income level. Following climatic degradation in host nations, migrants raise their remittances. The results also show that climate degradation in upper-middle-income countries of origin reduces remittances. Migrants take climate hazards into account in their strategies for considering money.
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
Technical, Political, and Social Responses
KEYWORDS
Global Warming, Migration, Remittances, Income, Host and Origin Countries
