World Bank: Morocco’s coastal economy threatened by advancing climate change

World Bank: Morocco’s coastal economy threatened by advancing climate change
Friday 27 September 2024 - 12:12

A new report from the World Bank underscores the economic importance of Morocco’s coastal regions while warning of the significant threats posed by climate change.

Titled “Morocco: Strengthening Climate Resilience to Safeguard and Grow Coastal Tourism Jobs,” the report emphasizes that maritime activities are crucial to the country’s growth.

According to the report, 81% of national industries, 59% of GDP, and 52% of jobs are concentrated along Morocco’s coast, highlighting the blue economy as a key driver of economic development.

The World Bank noted Morocco’s commitment to harnessing the full potential of its blue economy through a new development model focused on sustainable marine and coastal resource utilization, with tourism playing a pivotal role.

Coastal tourism alone contributes about 7% of GDP and generates significant foreign exchange, making it a vital sector. However, the report warns that climate change poses serious risks to this economic foundation. Rising sea levels, ocean warming, and shifting precipitation patterns threaten coastal tourism, fisheries, and aquaculture.

Notably, the report highlights the potential for coastal erosion and flooding in areas like Tangier Bay, where infrastructure could be compromised by 2100.

Additionally, climate change could diminish tourist comfort due to increased heat stress and heatwaves, further impacting the tourism sector.

To combat these challenges, Morocco has begun implementing measures aimed at mitigating climate change and adapting to its effects. The World Bank estimates that the country will require $78 billion to achieve climate resilience and a low-carbon economy by mid-century.

The report calls for investments in climate-resilient tourism development, urging a shift away from traditional mass beach tourism toward more sustainable and inclusive practices. By doing so, Morocco can enhance the long-term viability of its blue economy and safeguard its coastal communities against the impacts of climate change.

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