AllAfrica.com via the World Bank: The World Bank Board of Executive Directors approved today an International Development Association (IDA) financing in the amount of US$50 million to support climate change related reforms agreed upon between the Government of Mozambique (GoM) and the World Bank under the Climate Change Development Policy Operation (DPO). This operation will improve the country's resilience to effects of climate change through the implementation of reforms across several sectors of the economy.Extreme climate related events such as cyclones and floods have devastating effects on agriculture, electricity generation, mining, and transport and communications almost every year in Mozambique.
The country ranks third in Africa in terms of exposure to climate-related hazards and is the only country in Africa considered to be at high risk from each of the major climate hazards - droughts, floods and coastal cyclones. Economic losses average 1.1 percent of Gross Domestic Product (GDP) annually, having cost US$1.75 billion between 1980 and 2003.
The country's GDP fell following the 2000 floods from a forecast of 7 percent to 1.5 percent and the 2013 floods in the Limpopo Valley alone inflicted damages to affected settlements and infrastructure in the order of US$135 million and losses in crops estimated at US$112 million.
The 2013 floods also resulted in at least 44 reported direct fatalities, 170,000 people evacuated in Gaza province alone, and a high prevalence of water-borne diseases and malaria amongst affected populations, most of whom were extremely poor. The floods severely damaged transport, irrigation, water supply, urban drainage, sanitation, and private assets, further disrupting private sector activities....
US Air Force photo of a flood in Mozambique in 2000
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