TITLE:
How Much Does Environmental Degradation Cost? The Case of Morocco
AUTHORS:
Lelia Croitoru, Maria Sarraf
KEYWORDS:
Cost of Environmental Degradation (COED), Valuation
JOURNAL NAME:
Journal of Environmental Protection,
Vol.9 No.3,
March
28,
2018
ABSTRACT: Environmental degradation is costly—to individuals, to societies and to the environment. This paper makes these costs clear in the context of Morocco, a country marked by rapid economic development and urbanization. Although Morocco has made impressive efforts to strengthen its policies and strategies to protect its environment and natural resources, environmental degradation is still an issue. Using the most updated methodology and data sources, the paper estimates that environmental degradation imposed costs on Moroccan society of about US$3.9 billion, or 3.5 percent of the country’s GDP in 2014. Water-related problems and air pollution are the most pressing challenges, followed by agricultural land degradation. Based on these findings, the paper provides guidance for an improved management of the country’s environmental priority areas.