Cabo Verde, a small island nation in the Atlantic Ocean, is facing significant challenges due to climate change. The Cabo Verde Country Climate and Development Report (CCDR) outlines both vulnerabilities and opportunities for innovation and sustainability. The report suggests that with decisive action, the country can transform its development pathway.
Cabo Verde's geography makes it particularly vulnerable to rising sea levels, which threaten its coastlines and tourism industry. Additionally, droughts and saline intrusion pose risks to agriculture, while warming oceans affect the fishery sector. These factors could lead to a 3.6% reduction in GDP by 2050 if no action is taken.
The CCDR emphasizes resilience and sustainability as key components of Cabo Verde's future. The country aims for 100% renewable energy by 2040, which could save $1.8 billion on fuel imports by 2050. Investments in solar and wind energy are expected to enhance energy security and create jobs in green sectors.
Tourism diversification is also crucial, moving beyond "sun-and-beach" tourism to eco-tourism and cultural tourism. This strategy aims to maintain competitiveness while protecting ecosystems.
The blue economy offers potential through sustainable fisheries and aquaculture. Integrated water management will be vital for food security, reducing reliance on imports that account for 80% of domestic consumption.
Infrastructure resilience is another focus area. Upgrading roads, ports, airports, and urban infrastructure can help withstand extreme weather events.
The CCDR estimates that Cabo Verde needs $140 million annually through 2030 for climate action. Public-private partnerships and innovative financing mechanisms like carbon markets are essential for funding these initiatives.
Inclusivity is emphasized in the report; climate action should benefit all groups, including youth, women, and rural communities through social protection programs and education.
The CCDR calls on the government, private sector, civil society, and international partners to collaborate on building a resilient future for Cabo Verde. By investing in green energy and sustainable practices, the nation can turn vulnerabilities into strengths.