Côte d’Ivoire: Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Côte d’Ivoire

International Monetary Fund

No 2024/092, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents Côte d’Ivoire’s Request for an Arrangement under the Resilience and Sustainability Facility (RSF). Côte d’Ivoire is exposed and vulnerable to climate change. Rising temperatures, rainfall disruptions, flooding, rising sea levels and coastal erosion are major challenges and represent recurring risks for resilient, sustainable, and inclusive economic growth. The authorities have made strong commitments to reduce the adverse effects of climate change and have developed several government initiatives with development partners’ involvement. The end-December 2023 structural benchmarks (SBs) to adopt a timeline to close government accounts with commercial banks and end-December 2023 SB on the use of e-procurement have also been met. The RSF arrangement will support the reforms of the Ivorian authorities to strengthen adaptation and mitigation, particularly in the areas of agriculture, transport, infrastructure, and public financial management. The strong collaboration with development partners should ensure complementarity of all actors’ programs to support the country’s reform agenda.

Keywords: RSF arrangement; ECF arrangement; Ivorian authority; RSF program; ECF review; RSF request; Climate change; Climate finance; Greenhouse gas emissions; West Africa; Global (search for similar items in EconPapers)
Pages: 115
Date: 2024-04-22
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