Cabo Verde: Climate Policy Assessment

By Katja Funke, Alberto Garcia Huitron, Didier Tabaro

April 16, 2024

Preview Citation

Format: Chicago

Katja Funke, Alberto Garcia Huitron, and Didier Tabaro. Cabo Verde: Climate Policy Assessment, (USA: International Monetary Fund, 2024) accessed November 21, 2024

Summary

Cabo Verde faces development challenges from multiple structural factors, including insularity, territorial discontinuity, fragility of ecosystems, and scarcity of natural resources, namely water and arable land. Climate change implications are amplifying these challenges. As an island extension of the arid Sahel zone, Cabo Verde faces severe water shortage, which the country addresses more and more through energy intensive desalination, using electricity produced largely by thermal power plants, which depend entirely on imported fossil fuels. The resulting high energy prices directly impact the cost of water production. In conjunction with climate change induced aridity, the energy-water-climate nexus presents the core development challenge for the country.

Subject: Climate change, Climate policy, Environment, International organization, Monetary policy, Renewable energy, Tariffs, Taxes

Keywords: Adaptation, Cabo Verde, Climate, Climate change, Climate change implication, Climate policy, Climate policy assessment, Climate policy diagnostic, Energy, Energy-water-climate nexus, Global, Renewable energy, Sahel zone, Tariffs, Water

Publication Details

Pages:

5
Volume:

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DOI:

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Issue:

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Series:

High Level Summary Technical Assistance Report No. 2024/013
Stock No:

HLSEA2024013
ISBN:

9798400273841
ISSN:

2959-4103

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