Coastal degradation cost Togo $310M in 2017

Economic governance
Wednesday, 27 March 2019 17:01
Coastal degradation cost Togo $310M in 2017

(Togo First) - Coastal degradation cost Togo $310 million in 2017. This was disclosed in a World Bank report on the hazard’s impacts in West Africa, especially in Benin, Côte d’Ivoire, Senegal and Togo.

In the report, three major factors were discussed: floods, coastal erosion, pollution (water and air) and waste management.

In detail, coastal erosion alone cost the country $213 million, thus 4.4% of its GDP in 2017. Togo, it should be emphasized has more people living near its coasts than any of the other countries surveyed.

As for flooding, Togo lost $10 million to the phenomenon in the year reviewed. This is against a total of $1.45 billion losses for the four countries.

Regarding losses related to pollution and waste, they amount to $87 million, respectively $59 million for the first (water and air) and $28 million for the second.

Let’s recall that in June 2018, the World Bank disbursed $210 million for the West Africa Coastal Areas Management Program (WACA), to help people living in coastal areas better cope with coastal erosion.

Countries benefiting from the WACA program include Benin, Côte d’Ivoire, Senegal, Sao Tomé and Principe, and Togo.

Ayi Renaud Dossavi

 
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