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Côte d'IvoireEnvironment· Français
COP31: Côte d'Ivoire seeks private investment for its forest heritage
Oyebi ·1 min read
✓ AI Translation · English
The Ivorian delegation present in Antalya, Turkey, for COP31, took advantage of this international platform to clarify its environmental ambitions. Faced with growing climate challenges, Abidjan has officially submitted a portfolio consisting of 25 strategic projects. These initiatives, which primarily target forest restoration, the rational management of water resources, as well as the preservation of biodiversity, constitute the foundation of the country's climate strategy. To realize these ambitions, the Ivorian authorities have estimated financing needs at a range between 912 and 952 million dollars. Unlike traditional financing models relying almost exclusively on official development assistance, Côte d'Ivoire is showing a clear desire to attract private investment. This approach aims to strengthen the sustainable management of natural resources while ensuring compliance with the commitments made by the country in favor of the climate. While the framework for these 25 projects is now well defined, the success of this fundraising will depend on the country's ability to convince international investors of the viability and real impact of these projects in the long term. This strategy reflects a paradigm shift where the private sector is now seen as an essential lever for the ecological transition in West Africa.
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