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Mali gets $31 mln World Bank loan for climate resilience project

Thursday, 18 July 2019 14:57
Mali gets $31 mln World Bank loan for climate resilience project

(Ecofin Agency) - The ‘Strengthening Climate Resilience in Mali’ Project has just received another support from the World Bank. This time, the institution approved a total of $248.25 million of which $31 million will be directed to the program to improve hydrological and meteorological (Hydromet) services in the country.

This World Bank-supported program is also being implemented in other countries such as Congo, Niger and Burkina Faso. It is expected to strengthen climate resilience by improving countries’ capacity to provide hydro-meteorological information to their populations.

Overall, the scheme will receive up to $900 million jointly provided by the World Bank and its partners including the World Meteorological Organization (WMO), the African Development Bank (AfDB), the French Development Agency (AFD), the United Nations Development Program (UNDP) and the World Food Program (FAO).

Hydrometeorology provides real-time information on meteorological, hydrological and weather conditions. It also provides forecasts that enable people to anticipate and prepare for natural disasters.

Gwladys Johnson Akinocho

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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