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00:03 Lebanon is among the countries least prepared in the

00:05 Arab world to face the impact of climate change.

00:08 This is due to a combination of climate

00:10 shocks and the country's low adaptive capacity,

00:12 infrastructure deficits,

00:14 and weak institutions.

00:16 Since 2019,

00:17 the economic and financial crisis has further eroded Lebanon's ability to adapt,

00:22 affecting its human,

00:23 natural,

00:23 and physical capital.

00:25 The cost of inaction is staggering.

00:28 By 2040,

00:29 Lebanon is expected to record a 9% reduction in yearly water

00:32 availability and up to 50% less water during the dry season.

00:37 Climate change damages could slash real GDP by up to 2% annually.

00:43 By 2040,

00:44 climate change could cripple key sectors like agriculture and tourism,

00:48 both crucial for Lebanon's recovery.

00:50 In agriculture,

00:52 crop yield losses may reach up to $250 million US dollars per year,

00:56 severely affecting productivity and livelihoods.

01:00 Economic losses in tourism could reach up to $75 million US dollars per year,

01:04 with associated job losses across various sectors.

01:08 Higher temperatures and lower precipitation means fewer snow days in winter

01:13 and increased risks of forest fires in summer,

01:15 affecting seasonal tourism.

01:18 The Lebanon Country Climate and Development report

01:21 outlines a roadmap for recovery and development,

01:25 focusing on key sectors

01:27 energy,

01:27 water,

01:28 transport,

01:29 and solid waste.

01:30 It aligns climate actions with short-term

01:33 recovery needs and long-term development goals.

01:36 Decarbonising Lebanon's power sector offers a triple dividend.

01:40 It cuts economic costs by 41%,

01:43 lowers emissions by 43%,

01:45 and lowers fuel imports by 9%.

01:48 In the water sector,

01:49 building climate adaptive capacity is essential for

01:52 limiting crop losses and safeguarding food security.

01:56 A recovery least cost scenario allows for an

01:58 improved water sector resilience by enhancing infrastructure,

02:02 water use efficiency,

02:03 and governance.

02:05 Beyond the power and water sectors,

02:07 Lebanon should also urgently invest in

02:09 public transport and improving waste management.

02:13 Lebanon's road assets are highly vulnerable to climate impacts,

02:16 with 54% exposed to landslides.

02:19 A fleet of 4000 minibuses and 2000 buses could enhance mobility

02:24 and accessibility while reducing carbon emissions by 5.4% in 2040.

02:30 Solid waste mismanagement increases sector emissions by 60%,

02:34 making it the fourth largest greenhouse gas emitter at 6%.

02:38 Adopting integrated solid waste management principles is critical

02:42 to improve service delivery while reducing emissions.

02:45 Lebanon's economic crisis has severely compromised public finances,

02:50 impeding the capacity to invest in mitigation measures.

02:53 The banking system crisis further

02:55 constrains private climate-related investments.

02:57 Anticipated climate shocks are projected to impact Lebanon's GDP by 2% annually,

03:03 influencing its fiscal balance.

03:05 And leading to a rise in the debt to ratio

03:08 in the face of Lebanon's economic crisis,

03:10 time is of the essence.

03:12 Building resilience in water,

03:14 agriculture,

03:15 tourism,

03:16 and transport safeguards Lebanon's recovery and protects livelihoods.

03:20 Expanding cleaner energy,

03:22 improving water efficiency,

03:24 supporting sustainable waste management and transport

03:27 are high impact investments critical to drive recovery.

03:31 These investments are estimated at $7.6 billion US dollars by 2030.

03:37 No regret measures can't wait.

03:39 Such measures are possible.

03:42 They pave the way for a sustainable future.

03:45 Urgent investments totaling around $770 million US dollars by 2026,

03:50 focusing primarily on renewable energy and water efficiency,

03:54 can safeguard and expand minimum service

03:56 functions with limited macro fiscal trade-offs

04:00 to prepare for a whole economy and society.

04:02 Green recovery,

04:03 Lebanon must harness its private sector,

04:06 strengthen governance and inclusion,

04:08 and leverage its human capital.

04:10 While the prospect of Lebanon's recovery remains a distant reality,

04:14 greening the transition can chart the course

04:16 towards a transformative and impactful development model.

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transcript
Lebanon is among the countries least prepared in the Arab world to face the impact of climate change. This is due to a combination of climate shocks and the country's low adaptive capacity, infrastructure deficits, and weak institutions. Since 2019, the economic and financial crisis has further eroded Lebanon's ability to adapt, affecting its human, natural, and physical capital. The cost of inaction is staggering. By 2040, Lebanon is expected to record a 9% reduction in yearly water availability and up to 50% less water during the dry season. Climate change damages could slash real GDP by up to 2% annually. By 2040, climate change could cripple key sectors like agriculture and tourism, both crucial for Lebanon's recovery. In agriculture, crop yield losses may reach up to $250 million US dollars per year, severely affecting productivity and livelihoods. Economic losses in tourism could reach up to $75 million US dollars per year, with associated job losses across various sectors. Higher temperatures and lower precipitation means fewer snow days in winter and increased risks of forest fires in summer, affecting seasonal tourism. The Lebanon Country Climate and Development report outlines a roadmap for recovery and development, focusing on key sectors energy, water, transport, and solid waste. It aligns climate actions with short-term recovery needs and long-term development goals. Decarbonising Lebanon's power sector offers a triple dividend. It cuts economic costs by 41%, lowers emissions by 43%, and lowers fuel imports by 9%. In the water sector, building climate adaptive capacity is essential for limiting crop losses and safeguarding food security. A recovery least cost scenario allows for an improved water sector resilience by enhancing infrastructure, water use efficiency, and governance. Beyond the power and water sectors, Lebanon should also urgently invest in public transport and improving waste management. Lebanon's road assets are highly vulnerable to climate impacts, with 54% exposed to landslides. A fleet of 4000 minibuses and 2000 buses could enhance mobility and accessibility while reducing carbon emissions by 5.4% in 2040. Solid waste mismanagement increases sector emissions by 60%, making it the fourth largest greenhouse gas emitter at 6%. Adopting integrated solid waste management principles is critical to improve service delivery while reducing emissions. Lebanon's economic crisis has severely compromised public finances, impeding the capacity to invest in mitigation measures. The banking system crisis further constrains private climate-related investments. Anticipated climate shocks are projected to impact Lebanon's GDP by 2% annually, influencing its fiscal balance. And leading to a rise in the debt to ratio in the face of Lebanon's economic crisis, time is of the essence. Building resilience in water, agriculture, tourism, and transport safeguards Lebanon's recovery and protects livelihoods. Expanding cleaner energy, improving water efficiency, supporting sustainable waste management and transport are high impact investments critical to drive recovery. These investments are estimated at $7.6 billion US dollars by 2030. No regret measures can't wait. Such measures are possible. They pave the way for a sustainable future. Urgent investments totaling around $770 million US dollars by 2026, focusing primarily on renewable energy and water efficiency, can safeguard and expand minimum service functions with limited macro fiscal trade-offs to prepare for a whole economy and society. Green recovery, Lebanon must harness its private sector, strengthen governance and inclusion, and leverage its human capital. While the prospect of Lebanon's recovery remains a distant reality, greening the transition can chart the course towards a transformative and impactful development model.
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LEBANON CCDR 2024 EN NEW
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Lebanon is among the countries least prepared to face climate change. At the root of this vulnerability is the country’s limited adaptive capacity. Despite the country’s strained fiscal and institutional context, the cost of inaction is high. Critical no-regret investments in key service sectors like energy, water, transport and solid waste are urgently needed in the short-term to mitigate the impact of climate change on Lebanon’s development path.
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