Mali: Selected Issues

IMF Staff Country Reports, June 14, 2023

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Mali: Selected Issues

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Bibliographic details

• Published: June 14, 2023
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9798400246081.002

Executive summary

• Focus: climate vulnerabilities and food insecurity in Mali.
• Key findings:
  • "Mali is extremely vulnerable to climate change and the country is already facing acute climate-related challenges from higher temperatures and more frequent extreme weather events."
  • "The impact of climate change has also contributed to a rise in food insecurity, with almost a quarter of the population expected to be either facing food insecurity or at risk of doing so by mid-2023."
  • "That is already having a hugely damaging effect on Mali’s economy and action is needed immediately to avoid a further increase in food insecurity."
  • "Building future resilience to climate change will require effective adaptation strategies in the primary sector."
  • "Any further increase in food insecurity has the potential to exacerbate social tensions, with the risk of further conflict."
  • "It will also have a lasting adverse impact on economic growth and poverty."
• Urgency: "There is therefore a pressing need to act immediately."

Climate vulnerabilities and adaptation needs

• Observations:
  • Mali faces higher temperatures and more frequent extreme weather events.
  • Climate change is already adding to food insecurity in Mali.
• Adaptation priority:
  • "Building future resilience to climate change will require effective adaptation strategies in the primary sector."

Food insecurity and socioeconomic risks

• Scope and timing:
  • "Almost a quarter of the population expected to be either facing food insecurity or at risk of doing so by mid-2023."
• Consequences:
  • Negative effects on Mali’s economy.
  • Risk of exacerbating social tensions and "the risk of further conflict."
  • Lasting adverse impacts on economic growth and poverty.

Policy implications and recommendations

• Immediate action required to avoid worsening food insecurity.
• Prioritize effective adaptation strategies in the primary sector to build future resilience.
• Addressing climate change and food insecurity jointly is urgent to prevent social and economic deterioration.

Content in this bundle

• Mali: Selected Issues; IMF Country Report No. 23/210; May 9, 2023
  • Mali: Selected Issues; IMF Country Report No. 23/210; May 9, 2023 (Markdown version)
  • Mali: Selected Issues; IMF Country Report No. 23/210; May 9, 2023 (PDF)