Seychelles Collaborates with World Bank to Tackle Coastal Erosion Challenges

Seychelles is collaborating with the World Bank on coastal erosion projects and climate finance. The discussions included a site visit led by Victoria Kwakwa, who underscored the importance of addressing climate change impacts on small island nations. The World Bank’s support aims to bolster Seychelles’ efforts in managing coastal erosion and enhancing its resilience amidst climatic challenges.

On November 18, 2024, Seychelles’ government engaged in discussions with the World Bank, focusing on collaborative efforts to address coastal erosion and related climate finance initiatives. Victoria Kwakwa, the World Bank’s regional vice president for Eastern and Southern Africa, met with the Minister of Finance, Naadir Hassan, after conducting site visits to erosion-affected areas along the east coast of Mahe. These visits were part of ongoing projects aimed at mitigating the impacts of climate change, funded by the World Bank, with the initial phase involving a completed 300-meter coastal stretch project at a cost of SCR2.1 million (approximately $152,000). During the meeting, Kwakwa emphasized the significance of hearing the perspectives of small island nations like Seychelles, while Hassan highlighted the importance of partnership for resource coordination and achieving shared objectives. This visit occurred against the backdrop of Seychelles’ vulnerability to climate change, primarily due to extensive coastal infrastructural development that supports its crucial tourism sector.

Seychelles is an archipelago located in the western Indian Ocean, characterized by its rich tourism-dependent economy. The nation faces significant challenges from coastal erosion, exacerbated by climate change, which threatens its critical infrastructure and natural environment. Given these vulnerabilities, discussions with international partners such as the World Bank are essential for seeking sustainable financial solutions and developing protective measures against climate impacts. The World Bank’s involvement signifies a commitment to supporting vulnerable countries through tailored assistance, particularly concerning climate resilience and sustainable development.

In summary, Seychelles is actively collaborating with the World Bank to tackle pressing issues related to coastal erosion and climate finance. The recent meetings and site visits underscore the importance of international partnerships in enhancing the nation’s capacity to address environmental challenges. With the initial phase of a significant project already completed, Seychelles is poised to benefit from ongoing support, which is crucial for safeguarding its coastal infrastructure and supporting its tourism-driven economy against the looming threats of climate change.

Original Source: www.seychellesnewsagency.com