Latest additions to the knowledge base

With World Bank support, Morocco has made significant strides since 2008 in strengthening its disaster and climate resilience. This has included gradual transition from a post-disaster approach focused on emergency response to ex-ante resilience building

The purpose of this report is to understand the impact of climate risks on Morocco’s banking sector. This report also takes stock of the Moroccan banking sector’s current risk management practices and the response to climate-related financial risks.

The financial protection gap against climate shocks and disasters is widening. Morocco was hit by an earthquake in September 2023, affecting more than 300,000 people in Marrakesh and surrounding areas.

Currently, governments around the world spend 90% of their disaster budgets on emergency relief, but only 4% on prevention and preparedness. That equation equals disaster.

‘No one thought about us apparently.’ Two months after one of the strongest earthquakes in Morocco’s history, women in Indigenous Amazigh communities are finding it particularly hard to recover.

This report summarizes the Moroccan drought context, the DSS’s capability for operational monitoring of drought and forecasting of rainfall on a seasonal basis, and the usage of the tools and web interfaces.

This seismic risk profile of Morocco, produced by the Global Earthquake Model (GEM) Foundation summarizes key metrics of seismic risk, allowing stakeholders in risk management to get an overview of the risk in the country.

Commonwealth Finance Ministers met today in Marrakesh, Morocco to discuss the reform of the global financial architecture, with particular attention to two pivotal areas, scaling up development finance and addressing debt vulnerabilities.