Mali: Selected Issues
IMF Staff Country Reports, June 14, 2023
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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