Provision of consultancy services to create a climate vulnerability and risk assessment of the Maltese economy

Due to its geographical location in the Mediterranean as well as its geophysical characteristics as a small islands region, Malta is vulnerable to the impacts of climate change. In addition to direct physical impacts of climate change (such as sea level rise, extreme weather events, persistent droughts and water scarcity), the direct and indirect economic consequences must also be considered. This calls for a systemic analysis of individual sectoral development dynamics and economy-wide interaction- and feedback-effects resuling from complex socioeconomic interdependencies.