Economic impact of Climate change on the main economic sectors of Egypt

Marwan Nomir

Bachelor's thesis

Abstract:

Climate change poses a serious threat globally, especially to the various economic sectors of each country. The levels of impact vary according to the geographic regions and locations of the countries. This bachelor's thesis will investigate and explore the economic impacts of climate change on the economic sectors of Egypt, particularly addressing the agriculture, water, and trade sectors, with an emphasis on agriculture and water. Through analyzing the existing data and current liturature research sources, the thesis aims to create awareness and comprehensively understand the details of the economic losses and the extend of impact of climate change-related events in Egypt. Furthermore, the adaptation, implementation, and mitigation strategies and policies are presented to evaluate the progress of the country's current economy and future implications. By accessing detailed data sources, governmental projects, and academic articles and journals, this study was able to examine specific economic values, such as GDP, food security, economic losses, production losses, trade balance, supply and demand, etc, within the given sectors, and their ability to withstand the impacts of climate change. The findings from the existing research highlight the various efforts taken by the government of Egypt, such as launching the National Climate Change Strategy 2025, the Vision 2030 project, and the updated National Determined Contributions (NDC) in 2022, including sustainable green emission projects, implementing new policies, and conducting investment cost analysis for the various project proposals, up until 2050. The summary of findings are concluded with future recommendations to overcome the adverse effects of climate change while preserving the land, agricultural and water resources, and the economy of the country. The significance and importance of international collaborations and taking action for the submitted strategies are emphasized.

Keywords

Climate change, mitigation strategies, agriculture sector

Language used: English

Date on which the thesis was submitted / produced: 19. 3. 2024

Thesis defence

• Date of defence: 23. 5. 2024
• Supervisor: doc. Ing. Vladimír Krepl, CSc.
• Reader: Mohammad Rehabi, MSc.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme:
Business Administration