Cabo Verde: Technical Assistance Report-Climate Policy Diagnostic
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Cabo Verde faces development challenges from multiple structural factors, including insularity, territorial discontinuity, fragility of ecosystems, and scarcity of natural resources, namely water and arable land. Climate change implications are amplifying these challenges. As an island extension of the arid Sahel zone, Cabo Verde faces severe water shortage, which the country addresses more and more through energy intensive desalination, using electricity produced largely by thermal power plants, which depend entirely on imported fossil fuels. The resulting high energy prices directly impact the cost of water production. In conjunction with climate change induced aridity, the energy-water-climate nexus presents the core development challenge for the country.
Series:
Technical Assistance Report No. 2024/040
Subject:
Climate change Commodities Electricity Environment Greenhouse gas emissions International organization Monetary policy Renewable energy
Frequency:
regular
English
Publication Date:
May 17, 2024
ISBN/ISSN:
9798400276675/3005-4575
Stock No:
TAREA2024040
Format:
Paper
Pages:
78
Please address any questions about this title to publications@imf.org