Climate Change in the WAEMU: Trends, Macro-criticality and Options Going Forward

May 17, 2024

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Format: Chicago

Can Sever. Climate Change in the WAEMU: Trends, Macro-criticality and Options Going Forward, (USA: International Monetary Fund, 2024) accessed November 21, 2024

Summary

This paper focuses on the trends in climate change in the WAEMU, assesses the criticality of climate change for the region, and reviews the related policy and financing options going forward. Climate change has been increasingly affecting the lives and livelihoods in the WAEMU. Temperatures have risen significantly, and climate-related disasters have hit the region more frequently in recent decades. Climate change can exacerbate the current challenges and hinder long-term economic prospects by threatening economic growth, food security, fiscal and external sustainability, and social outcomes in the region. Macroeconomic policies, structural reforms and cooperation among different parties remain critical alongside regional efforts, in particular to have access to necessary financing and bolster adaptation efforts.

Subject: Agricultural commodities, Climate change, Climate finance, Commodities, Environment, Food security, International organization, Monetary policy, Poverty

Keywords: A. climate trend, Agricultural commodities, C. climate adaption, Climate adaptation, Climate change, Climate change in the WAEMU, Climate finance, Climate-related disasters, Financing option, Food security, Global, Sub-Saharan Africa, WAEMU, WAEMU population

Publication Details

Pages:

15
Volume:

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DOI:

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Issue:

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Series:

Selected Issues Paper No. 2024/015
Stock No:

SIPEA2024015
ISBN:

9798400275456
ISSN:

2958-7875

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