{
  "title": "Climate Change in the WAEMU: Trends, Macro-criticality and Options Going Forward",
  "publication": "Selected Issues Papers, May 17, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2024/05/16/climate-change-in-the-waemu-548991",
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  "summary": "This paper focuses on the trends in climate change in the WAEMU, assesses the criticality of climate change for the region, and reviews the related policy and financing options going forward. Climate change has been increasingly affecting the lives and livelihoods in the WAEMU.",
  "sections": [
    {
      "heading": "Overview and Purpose",
      "content": "- Focuses on trends in climate change in the WAEMU, assesses the criticality of climate change for the region, and reviews related policy and financing options going forward.\n- Emphasizes that climate change has been increasingly affecting lives and livelihoods in the WAEMU through rising temperatures and more frequent climate-related disasters in recent decades.\n- Highlights that climate change can exacerbate current challenges and hinder long-term economic prospects by threatening economic growth, food security, fiscal and external sustainability, and social outcomes in the region.\n- Stresses the continued importance of macroeconomic policies, structural reforms, and cooperation among different parties, alongside regional efforts, to secure necessary financing and bolster adaptation efforts."
    },
    {
      "heading": "Major Findings and Trends",
      "content": "- Temperatures have risen significantly in the WAEMU.\n- Climate-related disasters have hit the region more frequently in recent decades.\n- Climate change threatens:\n  - economic growth\n  - food security\n  - fiscal sustainability\n  - external sustainability\n  - social outcomes"
    },
    {
      "heading": "Policy and Financing Options Reviewed",
      "content": "- Macroeconomic policies remain critical to managing climate-related risks.\n- Structural reforms are necessary to enhance resilience and adaptation.\n- Cooperation among different parties (domestic, regional, and international) is important to access necessary financing and implement adaptation measures.\n- Regional efforts should be complemented by broader policy and financing strategies."
    },
    {
      "heading": "Publication and Metadata",
      "content": "- Author: Can Sever\n- Publication date: May 17, 2024\n- Series: Selected Issues Paper No. 2024/015\n- Volume: 2024\n- Issue: 015\n- Pages: 15\n- DOI: https://doi.org/10.5089/9798400275456.018\n- Stock No: SIPEA2024015\n- ISBN: 9798400275456\n- ISSN: 2958-7875\n- Subjects: Agricultural commodities, Climate change, Climate finance, Commodities, Environment, Food security, International organization, Monetary policy, Poverty\n- Keywords: A. climate trend, Agricultural commodities, C. climate adaption, climate adaptation, climate change, climate change in the WAEMU, climate finance, climate-related disasters, financing option, Food security, Global, Sub-Saharan Africa, WAEMU, WAEMU population\n\nContent derived from \"Climate Change in the WAEMU: Trends, Macro-criticality and Options Going Forward\" (Selected Issues Papers, 2024).\n\n---\n\n Content in this bundle\n\n- Climate Change in the Waemu: Trends, Macro-Criticality and Options Going Forward\n  - Climate Change in the Waemu: Trends, Macro-Criticality and Options Going Forward (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Climate Change in the Waemu: Trends, Macro-Criticality and Options Going Forward (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2024/05/16/climate-change-in-the-waemu-548991"
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    "Authors: Can Sever",
    "Published: May 17, 2024",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798400275456.018",
    "Focuses on trends in climate change in the WAEMU, assesses the criticality of climate change for the region, and reviews related policy and financing options going forward.",
    "Emphasizes that climate change has been increasingly affecting lives and livelihoods in the WAEMU through rising temperatures and more frequent climate-related disasters in recent decades.",
    "Highlights that climate change can exacerbate current challenges and hinder long-term economic prospects by threatening economic growth, food security, fiscal and external sustainability, and social outcomes in the region.",
    "Stresses the continued importance of macroeconomic policies, structural reforms, and cooperation among different parties, alongside regional efforts, to secure necessary financing and bolster adaptation efforts.",
    "Temperatures have risen significantly in the WAEMU.",
    "Climate-related disasters have hit the region more frequently in recent decades.",
    "Climate change threatens:",
    "Macroeconomic policies remain critical to managing climate-related risks.",
    "Structural reforms are necessary to enhance resilience and adaptation.",
    "Cooperation among different parties (domestic, regional, and international) is important to access necessary financing and implement adaptation measures.",
    "Regional efforts should be complemented by broader policy and financing strategies.",
    "Author: Can Sever",
    "Publication date: May 17, 2024",
    "Series: Selected Issues Paper No. 2024/015",
    "Volume: 2024",
    "Issue: 015",
    "Pages: 15",
    "DOI: https://doi.org/10.5089/9798400275456.018",
    "Stock No: SIPEA2024015",
    "ISBN: 9798400275456",
    "ISSN: 2958-7875",
    "Subjects: Agricultural commodities, Climate change, Climate finance, Commodities, Environment, Food security, International organization, Monetary policy, Poverty",
    "Keywords: A. climate trend, Agricultural commodities, C. climate adaption, climate adaptation, climate change, climate change in the WAEMU, climate finance, climate-related disasters, financing option, Food security, Global, Sub-Saharan Africa, WAEMU, WAEMU population",
    "**Climate Change in the Waemu: Trends, Macro-Criticality and Options Going Forward**"
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