Malawi Country Climate and Development Report

This Country Climate and Development Report aims to support Malawi's efforts to achieve its development goals within a changing climate by quantifying the impacts of climate change on the economy and highlighting key policies and interventions that are needed to strengthen climate resilience. T...

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Körperschaft: World Bank Group (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 2022
Schriftenreihe:Country Environmental Analysis
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Malawi Country Climate and Development Report
Washington, D.C The World Bank 2022
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Country Environmental Analysis
This Country Climate and Development Report aims to support Malawi's efforts to achieve its development goals within a changing climate by quantifying the impacts of climate change on the economy and highlighting key policies and interventions that are needed to strengthen climate resilience. The analysis includes climate modeling across multiple scenarios to account for the inherent uncertainty in climate projections; and sector-by-sector analysis and assessment of economywide impacts to identify the biggest impacts. It examines Malawi's current policy landscape and identifies needed reforms; considers how Malawi can best protect its most vulnerable households; and considers how the country can finance its ambitious development and climate agenda, including the key role of the private sector. The analysis shows that climate change will impose large costs on the economy and on already vulnerable households. If Malawi stays on its current low-growth development trajectory, climate change could reduce GDP by 3-9 percent in 2030, 6-20 percent in 2040, and 8-16 percent by 2050). The analysis also clearly demonstrates that development, as set out in Malawi's Vision 2063, provides a strong basis for strengthening resilience to climate impacts. If Malawi was to accelerate implementation of policies and programs envisioned in the Vision 2063 the development trajectory would shift to a higher growth path and climate change impacts would be significantly reduced. But the Vision 2063 development path will not be enough and building greater resilience to climate change will require doing different things and doing things differently. With additional adaptation measures, the analysis shows that not only is the impact of climate change on GDP much smaller, GDP is higher with climate change and adaptation when compared to the counterfactual with no climate impacts; losses range from -1 to 3 percent in 2030 and 2040, and 1 to 4 percent in 2050
Adaptation To Climate Change
Agriculture
Climate Change
Climate Change and Agriculture
Climate Change Economics
Climate Change Mitigation and Green House Gases
Electricity
Environment
Fiscal Policy
Macroeconomics and Economic Growth
Social Aspects of Climate Change
Social Development
http://elibrary.worldbank.org/doi/book/10.1596/38217 Verlag URL des Erstveröffentlichers Volltext
spellingShingle Malawi Country Climate and Development Report
Adaptation To Climate Change
Agriculture
Climate Change
Climate Change and Agriculture
Climate Change Economics
Climate Change Mitigation and Green House Gases
Electricity
Environment
Fiscal Policy
Macroeconomics and Economic Growth
Social Aspects of Climate Change
Social Development
title Malawi Country Climate and Development Report
title_auth Malawi Country Climate and Development Report
title_exact_search Malawi Country Climate and Development Report
title_exact_search_txtP Malawi Country Climate and Development Report
title_full Malawi Country Climate and Development Report
title_fullStr Malawi Country Climate and Development Report
title_full_unstemmed Malawi Country Climate and Development Report
title_short Malawi Country Climate and Development Report
title_sort malawi country climate and development report
topic Adaptation To Climate Change
Agriculture
Climate Change
Climate Change and Agriculture
Climate Change Economics
Climate Change Mitigation and Green House Gases
Electricity
Environment
Fiscal Policy
Macroeconomics and Economic Growth
Social Aspects of Climate Change
Social Development
topic_facet Adaptation To Climate Change
Agriculture
Climate Change
Climate Change and Agriculture
Climate Change Economics
Climate Change Mitigation and Green House Gases
Electricity
Environment
Fiscal Policy
Macroeconomics and Economic Growth
Social Aspects of Climate Change
Social Development
url http://elibrary.worldbank.org/doi/book/10.1596/38217
work_keys_str_mv AT worldbankgroup malawicountryclimateanddevelopmentreport