Egypt has an $8 billion adaptation plan, but for now its agricultural economy is at risk from climate change, water scarcity, inflation, and urbanization.
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What makes Egypt highly vulnerable to climate change
As Egypt prepares to host the COP27 global climate summit in November, the country’s own climate vulnerabilities are coming into focus. The Nile Delta—where agriculture employs one-fifth of the country’s workforce—is being hammered by rising sea levels, rising temperatures, and a growing shortage of water.
The looming threats of climate change and food insecurity, plus the hype surrounding the COP27 climate summit is drawing in more investors into Egypt.
The new services offer weather forecasts, in addition to advice on irrigation, fertilizers, and market needs.
Egypt has plenty of gas to export but not enough cash.