Phase2 of Waca ResIP receives US $246M boost

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Phase2 of Waca ResIP 2 receives US $246M boost

The second phase of the West African Coastal Resilience Investment Programme (Waca ResIP 2) has received a loan boost of US $246million from the International Development Association (IDA).

Launched in 2018, the programme is being implemented in nine countries namely Benin, Ivory Coast, Gambia, Ghana, Guinea-Bissau, Mauritania, Sao Tome and Principe, Senegal and Togo, with support from the West African Economic and Monetary Union (WAEMU) and associated regional institutions.

West African Coastal Resilience Investment Programme

The second phase supports Gambia, Ghana and Guinea-Bissau’ efforts to improve the management of their shared coastal resources, and to reduce the natural and man-made risks affecting coastal communities, including coastal erosion, flooding and pollution. This in return affect the agricultural sector with low yields.

The phenomena, accentuated by climate change also cause damage to transport infrastructure, housing, health, education, etc. Climate change is also causing changes in the shape and hydrology of the environment, sometimes resulting in land movement.

The US $246million additionally be accompanied a $5 million grant from Problue, a multi-donor trust fund, hosted by the World Bank, which supports “the development of integrated, sustainable and healthy marine and coastal resources”.

The funding will be used to strengthen physical coastal protection using a combination of nature-based and grey infrastructure solutions to protect economic assets and livelihoods from coastal erosion and flooding.