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Sierra Leone: Technical Assistance Report-Climate Policy Diagnostic
Author:
International Monetary Fund. Fiscal Affairs Dept.
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Series:
Technical Assistance Reports
Volume/Issue:
Volume 2024: Issue 105
Language:
English
Publication Date:
11 Dec 2024
DOI:
https://doi.org/10.5089/9798400294846.019
ISBN:
9798400294846
ISSN:
3005-4575
Pages:
73
Keywords:
Climate policy; fiscal policy; climate adaptation; climate mitigation; Sierra Leone.; Sierra Leone roads authority; IMF resident Representative; climate policy diagnostic; policy consideration; Sierra Leone civil aviation authority; local government; land management; land tenure; Climate change; Natural disasters; Water resources; Global; Sub-Saharan Africa
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Sierra Leone faces important development challenges. This includes dealing with the impacts of climate change such as rising temperatures, more frequent extreme hot days, and increasingly erratic rainfall patterns, with intensified single-day precipitation events. This is especially important given the country’s strong dependence on agriculture and hydropower. Climate change also requires improved Disaster Risk Management (DRM) and more forward-looking risk assessments. On the mitigation side, competing development needs have led to rapid urbanization and deforestation requiring a more integrated approach to land policy, planning, and forest protection. The country also needs substantial investments in its electricity, water, and waste sectors but private investment is lacking. The mission reviewed the current fiscal policies supporting climate action and provided recommendations to support the long-term climate resilience in Sierra Leone, while aligning with its overall development objectives.
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Cover Technical Assistance Reports
Technical Assistance Reports
ISSN:
3005-4575
Publisher:
International Monetary Fund