While the Public Treasury began thinking in 2020 about the diversification of instruments for mobilizing financial resources, in collaboration with the Climate Bonds Initiative, the country is now moving more and more towards debt issues relating to the thematic of sustainability and climate change. The heart of this new strategy targets green bonds (green bonds) and blue (blue bondsbond issues that operate on the same principle as the previous ones but concern the seas and oceans), including syndications to finance projects with a strong social impact.
Last June, Adama Coulibaly, the Minister of Economy and Finance, concluded a memorandum of understanding with the Global Center for Adaptation (GCA) for the mobilization of 2 billion euros within the framework of its program of climate resilience. This organization will act as a broker in charge of facilitating debt issues in order to finance climate resilience projects. Côte d’Ivoire made a commitment, in May, during COP15 in Abidjan, to focus its development on projects to safeguard and preserve the environment and the climate. The country is therefore targeting $2 billion and hopes to mobilize a total of $4 billion over the next five years, through bond issues. green bonds.
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