IMF’s recent engagements on infrastructure governance

Climate PIMA (C-PIMA) March 2023

 


 

Summary of C-PIMA report

(Published in April 2024)

 

Climate change and natural hazards are already impacting Cabo Verde’s public infrastructure and are expected to pose greater risks in the future. According to the 2021 World Risk Report, Cabo Verde is the second in terms of risk to natural disasters compared to 10 other Small Island Developing States. Over the coming decades, Cabo Verde is expected to experience more heatwaves, more irregular rainfalls that bring heightened hazards of flooding and droughts and raising sea levels. Intensified climate hazards interact with socioeconomic vulnerability in Cabo Verde—since infrastructure, population and tourism activities are concentrated in the coastal areas— amplifying climate related costs to the country’s economy, physical assets, and population. 

 

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