{"id":461221,"date":"2018-07-17T14:35:53","date_gmt":"2018-07-17T13:35:53","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=461221"},"modified":"2018-07-17T14:35:53","modified_gmt":"2018-07-17T13:35:53","slug":"climate-change-the-sword-of-damocles-of-the-ivorian-economy","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/07\/17\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\/","title":{"rendered":"Climate change, the sword of Damocles of the Ivorian economy"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Maintaining accelerated growth but above all ensuring that it is sustainable over time in a context of climate change, this is the challenge facing C\u00f4te d&#8217;Ivoire according to the latest World Bank country report presented this July 12 . The country runs the risk of compromising its economic progress and tipping millions of its citizens into poverty, if it does not provide an adequate response, alert the report entitled &#8220;To ensure that tomorrow will never die: the Coast d&#8217;Ivoire in the face of climate change &#8220;.<\/p>\n<p>The country is indeed exposed to the climatic disturbance all the more since it has been trying to destroy its forest resources. &#8220;Estimated at 37% of national territory in 1960, the forest cover was reduced to less than 14% in 2010 (&#8230;). This rate of deforestation is one of the fastest in the world, &#8220;says the World Bank.<\/p>\n<p>As a result, &#8220;the value of the natural capital stock per capita decreased by 26% between 1990 and 2014&#8221;, a &#8220;worrying&#8221; situation whose expected economic effects are disastrous.<\/p>\n<p>&#8220;This report is a wake-up call to raise awareness quickly and collectively (&#8230;). The fight against climate change will require immediate decisions and must become a priority for the country to maintain an accelerated and sustainable pace of growth in the long term &#8220;urges Pierre Laporte, director of operations of the World Bank for C\u00f4te d&#8217;Ivoire. &#8216; &#8221;<\/p>\n<p>A &#8220;dramatic&#8221; scenario<\/p>\n<p>According to the report, part of the south of the Ivory Coast, a traditional cocoa production area, will become unfit for this crop as a result of &#8220;the increase in temperature that risks making the land more arid and less fertile&#8221; and this as early as 2050, in a little over 30 years. A direct threat to the economy with an impact on the millions of people dependent on cocoa revenues.<\/p>\n<p>Also, C\u00f4te d&#8217;Ivoire&#8217;s 566 km long coastline, which &#8220;produces close to 80 percent of national GDP,&#8221; is an area at risk: &#8220;two-thirds of this coastline is affected by coastal erosion, with dramatic consequences for the communities and the region. &#8216;economy of the country&#8217; notes the World Bank.<\/p>\n<p>C\u00f4te d&#8217;Ivoire, which has completed 2017 with growth of nearly 8%, should continue its momentum with an increase in GDP &#8220;in the order of 7 to 7.5% over the next few years&#8221;. And the country, a priori aware of the threat of deforestation, announced last May 26 a ten-year investment plan of CFAF 616 billion, or about 940 million euros, intended for &#8220;preservation, rehabilitation and rehabilitation. extension &#8220;of its forest cover.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Maintaining accelerated growth but above all ensuring that it is sustainable over time in a context of climate change, this is the challenge facing C\u00f4te d&#8217;Ivoire according to the latest World Bank country report presented this July 12 . The country runs the risk of compromising its economic progress and tipping millions of its citizens<\/p>\n","protected":false},"author":536501,"featured_media":461227,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12018,12040],"tags":[15134,15135],"class_list":{"0":"post-461221","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-climate-finance","8":"category-international-institutions","9":"tag-damocles","10":"tag-ivorian-economy","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Climate change, the sword of Damocles of the Ivorian economy - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2018\/07\/17\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate change, the sword of Damocles of the Ivorian economy\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/07\/17\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-17T13:35:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/07\/ci-cote-d-ivoire-economic-update-july-2018-graph-03-780-627x258.png\" \/>\n\t<meta property=\"og:image:width\" content=\"627\" \/>\n\t<meta property=\"og:image:height\" content=\"258\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jean-Mermoz Konandi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jean-Mermoz Konandi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/\"},\"author\":{\"name\":\"Jean-Mermoz Konandi\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/f7e87efc1ab99d63f5a67e33445172c5\"},\"headline\":\"Climate change, the sword of Damocles of the Ivorian economy\",\"datePublished\":\"2018-07-17T13:35:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/\"},\"wordCount\":417,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/ci-cote-d-ivoire-economic-update-july-2018-graph-03-780-627x258.png\",\"keywords\":[\"Damocles\",\"Ivorian economy\"],\"articleSection\":[\"Climate Finance\",\"International Institutions\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/\",\"name\":\"Climate change, the sword of Damocles of the Ivorian economy - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/07\\\/17\\\/climate-change-the-sword-of-damocles-of-the-ivorian-economy\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/ci-cote-d-ivoire-economic-update-july-2018-graph-03-780-627x258.png\",\"datePublished\":\"2018-07-17T13:35:53+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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