Mauritius: Climate Finance for Mauritius Needs Good Management - Report Finds Gaps
Mauritius faces significant challenges in managing climate finance for adaptation to climate change. A recent study highlights gaps in tracking and accountability, which could lead to mismanagement of funds intended for climate resilience. The government and civil society are urged to establish better oversight and involve local communities in decision-making processes.
- ▪Mauritius experiences annual direct damage of US$113 million from climate-related disasters.
- ▪The country is projected to spend US$1.5 billion on climate adaptation between 2026 and 2035, but needs an additional US$5.6 billion over the next 25 years.
- ▪A lack of comprehensive tracking frameworks makes it unclear where climate funds go and what they achieve.
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Mauritius is a small African island where natural disasters like floods, cyclones and other extreme weather events have become frequent and intense. They are expected regularly. Rising sea levels, flash floods and tropical cyclones cause annual direct damage of US$113 million on average every year. Read more: Mauritius is facing a water crisis: harvesting water from its rivers with 10 reservoirs can help - research Keep up with the latest headlines on WhatsApp | LinkedIn Mauritius needs to adapt to climate change fast. It already has its own government-funded Climate and Sustainability Fund to pay for adaptation. External climate finance organisations, such as the Green Climate Fund and the World Bank, also fund some adaptation projects.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at AllAfrica.