Côte d’Ivoire: Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d’Ivoire

Côte d’Ivoire: Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d’Ivoire
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Volume/Issue: Volume 2024 Issue 092
Publication date: April 2024
ISBN: 9798400272486
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Exports and Imports , Money and Monetary Policy , Public Finance , International - Economics , Environmental Economics , Environmental Conservation and Protection , Natural Disasters , RSF arrangement , ECF arrangement , Ivorian authority , RSF program , ECF review , RSF request , Climate change , Climate finance , Greenhouse gas emissions , West Africa , Global

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Summary

Côte d’Ivoire is highly exposed to climate change through rising temperatures and sea levels as well as rain pattern changes. Economic vulnerabilities to climate change are mostly due to the country’s heavy reliance on agriculture, and the concentration of industrial and services activity in coastal areas. Agriculture employs about half of the workforce and contributes about 17 percent of GDP and 10 percent of tax revenues. At the same time, greenhouse gas emission and pollution in urban areas are growing, albeit from a low level.