The floods caused by smaller rivers in the country are quite common as well. The socio-economic costs of climate change associated with natural disasters such as droughts and floods are significant. During the period 1984-2006, they amounted to about 61 million US dollars. The 2007 and 2012 droughts caused an estimated economic loss of about US$1.0 billion and US$0.4 billion, respectively. The climate change negative impacts present challenges for country’s economic growth, directly and indirectly affecting the sectors which are based on natural resources (agriculture, water and forestry) but also industrial sectors, such as energy, transport, along with the impact on population’s health. The exacerbating impacts of climate change may have repercussions on social and gender equalities.