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Environment/Climate Change

West Africa’s blue economy must balance growth, security and climate resilience — BOAD Director

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At BOAD, we have translated this philosophy into concrete financing commitments: 25% of our overall financing envelope is now dedicated to climate resilience, including coastal and marine ecosystem protection. We channel these resources through our four multilateral climate accreditations, with the Green Climate Fund (GCF), the Global Environment Facility (GEF), the Adaptation Fund, and the Loss and Damage Fund (FRLD), which gives us access to concessional instruments specifically designed for ecosystem-based adaptation and sustainable ocean investments.