Under current climate policies, Morocco would face a GDP loss of 10 percent by 2050 and a shrinkage of 42 percent by 2100 due to climate change. According to the source's estimates, in a scenario of limiting temperatures to 1.5 degrees Celsius, the damage to Morocco's economy would stand at a GDP reduction of seven percent by 2050 and 18 percent by 2100. The estimates did not consider potential adaptation measures that could alleviate the economic loss.
Estimated share of GDP loss due to climate change in Morocco in 2050 and 2100, by scenario
Current climate policies are projected to lead to global warming of about three degrees Celsius in 2100.
According to the source, estimates are "based on an econometric model that is
based on the relationship between GDP growth and temperature, without accounting for the possible impacts of extreme events. Incorporating climate extremes such as droughts, floods or storms that could have an even more detrimental impact on economic performance".
The source also adds: "It is also worth keeping in mind that no adaptation measures which could potentially alleviate some of the damage are incorporated here".
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Christian Aid. (November 8, 2021). Estimated share of GDP loss due to climate change in Morocco in 2050 and 2100, by scenario [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1313535/gdp-loss-due-to-climate-change-in-morocco/
Christian Aid. "Estimated share of GDP loss due to climate change in Morocco in 2050 and 2100, by scenario." Chart. November 8, 2021. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1313535/gdp-loss-due-to-climate-change-in-morocco/
Christian Aid. (2021). Estimated share of GDP loss due to climate change in Morocco in 2050 and 2100, by scenario. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1313535/gdp-loss-due-to-climate-change-in-morocco/
Christian Aid. "Estimated Share of Gdp Loss Due to Climate Change in Morocco in 2050 and 2100, by Scenario." Statista, Statista Inc., 8 Nov 2021, https://www.statista.com/statistics/1313535/gdp-loss-due-to-climate-change-in-morocco/
Christian Aid, Estimated share of GDP loss due to climate change in Morocco in 2050 and 2100, by scenario Statista, https://www.statista.com/statistics/1313535/gdp-loss-due-to-climate-change-in-morocco/ (last visited November 18, 2024)
Estimated share of GDP loss due to climate change in Morocco in 2050 and 2100, by scenario [Graph], Christian Aid, November 8, 2021. [Online]. Available: https://www.statista.com/statistics/1313535/gdp-loss-due-to-climate-change-in-morocco/
