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Infos Business of Thursday, 3 December 2015

Source: APA

3.11 billion USD for the Niger Basin

Enjeux du Bassin du Niger Enjeux du Bassin du Niger

A budget of $3.11 billion will be required for the implementation of the Climate Investment Plan in Niger Basin.

This information was according to an advocacy document presented to the various financial partners attending the climate conference (COP 21) being in Paris.

The funding covers 246 priority actions spread over 10 years. The ten-year operational plan of the Niger Basin Authority (NBA) is with a total consideration of $ 8 billion.

The actions, which aim at strengthening the climate resilience of the basin populations and ecosystems to the impacts of climate change, targeting vulnerability to water stress and rising sea levels, flooding, degradation of soils, pastures, ecosystems and water quality.

The sectoral actions package is also planning actions to strengthen adaptive capacity (generation of jobs and income, etc.).

Created in November 1980, members of the NBA are Benin, Burkina Faso, Cameroon, Côte d'Ivoire, Guinea, Mali, Niger, Nigeria, and Chad.