Coastal erosion and flooding in West Africa severely threaten communities, livelihoods, safety and investment. There is an urgent need for international partners to mobilise financing through coordinated regional action. The World Bank and Netherlands Water Partnership (NWP) are on their way to formalising their partnership to exchange knowledge, expertise and information, and to increase business opportunities for the Dutch water sector. Last week, NWP’s Josephine Damstra attended the first Finance Marketplace in Ivory Coast, which was organised as part of the World Bank’s West Africa Coastal Areas Management Program.
‘The World Bank’s West Africa Coastal Areas Management Program (WACA Program) aims to boost the transfer of knowledge, foster political dialogue among countries and activate public and private finance to ultimately make households less vulnerable to coastal erosion, flooding and pollution.