3 Aug 2016
A new report by Paul Watkiss Associates, Climate change and the cost of living, examines how climate change could affect day to day living costs of UK households, with a particular focus on low income households...
A new report by
Paul Watkiss Associates,
Climate change and the cost of living (funded by Joseph Rowntree
Foundation), examines how climate change could affect day to
day living costs of UK households, with a particular focus on low
A key finding is that low income households will be most
affected by climate change impacts on the costs of living, either
because they will have less buying power, a reduction in their
quality of life, or because of patterns of risk.
Climate change will lead to a wide range of impacts, with
associated costs for households in the UK. The household items
which are most likely to be affected include: food, energy, water
and housing maintenance and repair.
The report suggests the biggest negative impacts are likely to
be a substantial increase in food prices and costs associated with
flooding. The food bill for an average household could rise
by 9% by the 2050s and this will have a bigger impact on low income
households, because their average household spending on food is
higher. There are also large costs for those affected by increased
flooding, especially for those without insurance which many low
income households lack. In addition, there are higher risks of
flooding in many deprived areas.
What do you think about these issues?
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For more information about this research, please contact Katharine Knox JRF
policy and research manager.