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Join on Telegram Rabat – Natural resource crisis resulting from the overexploitation or mismanagement of finite natural resources is the first challenge likely to face Morocco in the post-pandemic world, according to a recent report by the World Bank.
Titled “the Global Risk Report 2022,” the document identifies natural resource crises and extreme weather events among the top five global risks facing Morocco.
Reflecting a global trend, environmental and social risks will become central in policymaking for the upcoming 10 years, according to the report.
The data included in the report is based on a Global Risk Perception Survey comprising insights and opinions from close to 1000 global experts and leaders.
31.1% of experts pointed out that extreme weather events are the leading risk facing the world over the upcoming two years. Extreme weather refers to adverse natural events causing death and destruction to property, livelihoods, and ecosystems.
With governments and businesses failing to reach climate change mitigation targets and hence failing to preserve ecosystems, 42.1% of surveyed experts singled out “climate action failure” as the leading global risk over the five to ten-year outlook.
Experts cited in the report point out that “social cohesion erosion” ranks as the fourth most critical risk with the potential to affect 31 countries including France, South Africa, among other countries.
When surveyed about which global risks were made worse by the pandemic, 27.8% of experts pointed out that COVID-19 has aggravated the risk of “social cohesion erosion.”
The pandemic pushed 51 million people to extreme poverty globally, paving the way for more severe cases of political polarization and social resentment towards the high number of vulnerable people depending on social welfare programs paid by taxpayers.
25.5% of experts believe that the “livelihood crisis” is on top of challenges governments will face in the post-pandemic world in the next decade.
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Only 16% of respondents were actually optimistic about the global recovery prospect, and an additional 11% expressed opinions supporting accelerated economic recovery.
Other risks pertaining to digital inequality and cyber security seemed to be secondary to respondents’ concerns, although the report comments on these issues by explaining that the lack of alarm is probably due to a lack of perception rather than the fact they’re not as critical.
