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Côte d’Ivoire Plans $62 Billion Climate Investment by 2030 to Address Economic Risks

Côte d’Ivoire Plans $62 Billion Climate Investment by 2030 to Address Economic Risks
Monday, 30 March 2026 04:09
  • Côte d’Ivoire needs over $62 billion for climate plan
  • NDC 3.0 targets emissions cuts, renewables, forest and coastal protection
  • Plan backed by partners as climate risks threaten economy

Côte d'Ivoire will need to mobilize more than $62 billion by 2030 to implement its new climate commitments under its Nationally Determined Contributions (NDC 3.0), a figure presented during a national consultation workshop chaired by the Ministry of Environment and Ecological Transition.

The workshop brought together more than 200 public and private sector stakeholders, along with technical and financial partners. It aims to produce an investment plan identifying and prioritizing concrete projects to meet the country’s climate targets.

Discussions covered key sectors including energy and transport, agriculture, forestry and land use, waste management and sanitation, health, as well as coastal protection and resilient infrastructure development.

This workshop aims to develop, with all national stakeholders, a fully operational NDC 3.0 investment plan based on concrete, prioritized and financeable projects, to support resource mobilization, strengthen implementation of climate commitments, and reinforce the credibility and transparency of Côte d'Ivoire’s climate action,” said Indira Yanni-Domingo, deputy chief of staff to the minister.

According to the World Bank, climate change poses a direct threat to the Ivorian economy, particularly in key sectors such as cocoa and energy.

After more than a decade of growth, key sectors such as cocoa and energy risk slowing significantly without urgent action on climate change,” the institution said. It added that climate impacts could reduce GDP by up to 13% by 2050 and keep nearly 1.63 million Ivorians in poverty without sufficient adaptation measures.

Adopted in November 2025, the NDC 3.0 sets targets for 2030–2050, including a 33% reduction in greenhouse gas emissions, increasing the share of renewable energy to 46% of the energy mix, restoring 1.5 million hectares of forest, and protecting 70% of coastal areas.

Implementation is also supported by international partners. In March 2024, the International Monetary Fund approved $1.3 billion under its Resilience and Sustainability Facility to support the country’s climate transition.

The new investment framework marks a sharp increase compared with the 2022 strategy, which was estimated at $22 billion through 2030 and targeted a 30.41% reduction in greenhouse gas emissions.

Charlène N’dimon

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