World Bank disburses $210M to fight coastal erosion in West Africa

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Thursday, 12 April 2018 16:38

World Bank disburses $210M to fight coastal erosion in West Africa

(Togo First) - Togo and some other West African nations with access to the sea, thus Benin, Côte d’Ivoire, Sao Tomé and Principles, and Senegal, will get $210 million from World Bank to finance a regional project which aims to make populations more resilient to coastal erosion.

The project, steered by benefiting States, falls under the West Africa Coast Management Program (WACA), World Bank said.

With this investment, the Bank intends to develop various ways to fight coastal erosion, such as fixing sand dunes, restoring humid areas and mangroves, beach nourishment and building protections and dikes.

The project will focus on reducing flooding, “fighting pollution by better handling sea waste, as well as industrial and municipal waste, and oil spills”.

“The resilience investment project-WACA is a collective response to an urgent need to fight coastal erosion using an integrated and regional approach. It will help make West African people more resilient to the phenomenon and transform their means of subsistence,” said Makhtar Diop, Vice President of World Bank Africa.

In detail, the funding comprises a $120 million loan and a $70 million grant from the International Development Association (IDA), as well as $20.23 million provided by the Global Environment Fund (GEF). Additionally, the Northern Development Fund (NDF) and the French Fund for Global Environment should respectively provide €13.1 million and €1.3 million for the same project. Other lenders are also expected to back the initiative.

Let’s recall that Mauritania is part of benefiting nations.

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