Technical Assistance Reports

Sierra Leone: Technical Assistance Report-Climate Policy Diagnostic

December 11, 2024

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Format: Chicago

International Monetary Fund. Fiscal Affairs Dept. "Sierra Leone: Technical Assistance Report-Climate Policy Diagnostic", Technical Assistance Reports 2024, 105 (2024), accessed December 11, 2024, https://doi.org/10.5089/9798400294846.019

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Summary

Sierra Leone faces important development challenges. This includes dealing with the impacts of climate change such as rising temperatures, more frequent extreme hot days, and increasingly erratic rainfall patterns, with intensified single-day precipitation events. This is especially important given the country’s strong dependence on agriculture and hydropower. Climate change also requires improved Disaster Risk Management (DRM) and more forward-looking risk assessments. On the mitigation side, competing development needs have led to rapid urbanization and deforestation requiring a more integrated approach to land policy, planning, and forest protection. The country also needs substantial investments in its electricity, water, and waste sectors but private investment is lacking. The mission reviewed the current fiscal policies supporting climate action and provided recommendations to support the long-term climate resilience in Sierra Leone, while aligning with its overall development objectives.

Keywords: Climate adaptation, Climate mitigation, Climate policy, Fiscal policy, Sierra Leone.

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