Publication: Djibouti Country Climate and Development Report
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2024-11-19
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2024-11-19
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Climate change threatens Djibouti’s development goals and without effective adaptation, could generate economic losses equivalent to nearly four years of today’s output by mid-century. Climate change exposes Djibouti to more frequent extreme heat, drought, and floods. These events threaten the infrastructure and services that serve the vibrant trade sector and that could enable a more diversified economy. Other sectors prioritized for diversification, including fisheries, information and communications technology (ICT), and tourism, are also directly impacted by climate change. Unless Djibouti adapts, climate change will also have a particularly negative impact on the livelihoods of the poor, on workers’ productivity, and on water and food security. This Country Climate and Development Report (CCDR) estimates that even a limited set of priority adaptation actions may require 1.1 billion in additional funds, including an additional 77 million per year through 2035. Such investment can be consistent with Djibouti’s goal of achieving both growth and debt sustainability, but it needs to be accompanied by economic reform and additional adaptation resources provided on a concessional basis. International support is particularly warranted given the regional importance of the resilience of Djibouti’s economy.
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“World Bank Group. 2024. Djibouti Country Climate and Development Report. CCDR Series. © World Bank. http://hdl.handle.net/10986/42439 License: CC BY-NC-ND 3.0 IGO.”
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