Egypt’s reef economy under threat
By 2100, Egypt could be losing US$5.6 billion in revenue1 compared to 2019 under the starkest climate projections, according to findings2 from the High Level Panel for a Sustainable Ocean Economy presented at COP25 in Madrid last December.
The panel estimates that Egypt, the world’s largest reef tourism economy, currently generates about US$7 billion a year from diving and snorkelling-related activities.