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Evaluate Damage and Loss of Egyptian Natural Land Cover due to Climate Temperature
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Evaluate Damage and Loss of Egyptian Natural Land Cover due to Climate Temperature
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Journal Article
Evaluate Damage and Loss of Egyptian Natural Land Cover due to Climate Temperature
2023
Overview
The World Meteorological Organization report (2021) indicated that the most climatic factor that affects the achievement of the sustainable development goals (SDGs) is temperature. Therefore, this study aims to introduce a new accounting mechanism to estimate the potential damages and losses (D&Ls) in the value of Egypt's natural land cover due to the incremental temperature using the accounting appraisal value approach. The comparative analysis of two climate scenarios indicates a potential D&Ls value due to temperature impacts under the protection scenario. It reveals that D&Ls would exist even with mitigation and adaptation efforts but with considerable cost savings as an opportunity cost to be invested in further wealth value creation or retention by land cover, which may reach US$482.3 billion by 2100. We recommend that estimated adaptation costs and protection programs should comprehensively cover all natural land cover types (besides agricultural land) and the related biodiversity to be able to maintain natural capital wealth and reduce the probability of D&Ls.
Publisher
جامعة المنصورة - كلية التجارة
Subject
