This report presents the case for a "subsidy swap"—reallocating some of the savings from fossil fuel subsidy reform to fund the clean energy transition. Fossil fuel to clean energy subsidy swaps are already taking place.
Droughts in Morocco are increasing in frequency and intensity. Associated with global climate change, this trend will likely be more evident in the future. Drought damage to the agricultural sector affects both rural livelihoods and the national economy as a whole.