Extreme Heat and EU Carbon Rules Threaten MENAAP Growth, World Bank Report Finds
Published on: June 17, 2026, 11:29 a.m. | Source: Devdiscourse
The World Bank finds that rising temperatures are already reducing productivity, employment, wages, and export competitiveness across the MENAAP region, with small firms and financially constrained businesses suffering the greatest losses. At the same time, climate adaptation, green finance, energy efficiency, and compliance with emerging global climate regulations could unlock new investment, trade opportunities, and long-term economic resilience.
