Drought, floods and clean transition could harm Morocco's banking sector according to a new report by the World Bank and the Moroccan central bank.
The World Economic Forum (WEF) has warned that Morocco is facing three major risks in 2024: economic contraction, inflation, and water scarcity. The drought in Morocco is the main cause of these risks, and it is having a significant impact on the country's economy.
In a new study, published Monday, researchers urge Mediterranean countries to scientifically address the worrying effects of climate change in the region.