Strengthened Systems Vital for Climate Resilience and Sustainable Growth in Guinea-Bissau, Says New Report

The CCDR calls for a strategic, integrated approach to address Guinea-Bissau's climate risks while aligning with its development objectives.


Devdiscourse News Desk | Bissau | Updated: 05-11-2024 13:17 IST | Created: 05-11-2024 13:17 IST
Strengthened Systems Vital for Climate Resilience and Sustainable Growth in Guinea-Bissau, Says New Report
The report concludes that Guinea-Bissau’s best path forward is through building a strong, sustainable, and inclusive economy—one capable of tackling the climate crisis and uplifting its people. Image Credit:

Guinea-Bissau's economic future hinges on bolstering institutional and financial structures to support climate resilience and sustainable development, according to the recently published Country Climate and Development Report (CCDR) by the World Bank. Though rich in natural capital—boasting the highest per capita in West Africa—the nation faces steep challenges, including high poverty, political volatility, and an economy overly dependent on cashew exports. With one of the region's lowest electricity access rates, Guinea-Bissau’s economic and social development is vulnerable, particularly to climate impacts.

The CCDR calls for a strategic, integrated approach to address Guinea-Bissau's climate risks while aligning with its development objectives. Climate change poses an immediate threat, disproportionately impacting communities in coastal areas and those reliant on agriculture and fishing. Political stability, efficient governance, and a conducive business environment are highlighted as essential factors in fostering climate resilience and economic advancement.

"The CCDR offers Guinea-Bissau a framework to harmonize development with climate goals, facilitating positive transformations and sustainable progress," notes Rosa Brito, World Bank Group Resident Representative in Guinea-Bissau. "Despite its rich natural resources, the nation’s high climate vulnerability makes the report's recommendations timely and critical."

Key Priorities and Actions for Climate-Resilient Growth

The CCDR outlines priority actions for the next three years:

Climate-Smart Agriculture: Transitioning to sustainable agricultural practices to boost productivity, protect water resources, and preserve land.

Forest Regeneration: Protecting and rehabilitating forested areas to support biodiversity and reduce emissions.

Energy Access Expansion: Increasing access to reliable and clean energy sources to bolster economic growth.

Human Capital and Knowledge Systems: Investing in education and local capacity-building to empower communities and foster innovation.

By adopting a community-centred strategy, Guinea-Bissau can reduce climate risks and unlock long-term economic benefits. The CCDR emphasizes that climate action is central to development goals, and addressing environmental challenges is critical to achieving national prosperity. Sustainable, equitable growth will position Guinea-Bissau to better manage climate impacts and secure a resilient future.

The report concludes that Guinea-Bissau’s best path forward is through building a strong, sustainable, and inclusive economy—one capable of tackling the climate crisis and uplifting its people.

 
Give Feedback