Lebanon.

Mansour, L., Skarnulis, A., Masud, H., Park, H., Edilbi, B., Lehr, U., El Amine, Y., Morad, M., Samaha, G., Daito, N., Li, Y., Vidili, M., Zgheib, S., Fiess, N. M., Ghaida, D. A., Seshan, G. K. & De Castro Zoratto, L. (2024): Lebanon. Country Climate and Development Report. World Bank, Washington, D.C.

Abstract

The Lebanon Country Climate and Development Report (CCDR) aligns the country’s short-term recovery needs with resilient, low-carbon, long-term development, building on quantitative modeling-based analytics, existing research and country diagnostics, and extensive stakeholder consultations to study the effects of climate change on Lebanon’s recovery and development objectives. Two macroeconomic baseline scenarios—a business-as-usual “muddling through” scenario and a broad reforms-based recovery scenario— underline the report’s findings. The first assumes continuation of inaction on reforms, absence of fiscal space, and a banking sector that is incapable of providing financing to the private sector. The recovery scenario assumes that macro-fiscal reforms will be adopted that will gradually ease financing constraints and increase fiscal space. [...]