The project seeks to scale up climate-resilient urban investments in Greater Banjul, building on the World Bank-financed WACA ResIP 2 investments in the Kotu Stream catchment. It will mobilise additional capital for complementary drainage and flood-risk reduction, ecosystem restoration, green-blue infrastructure, resilient community assets and climate-smart economic activities. By extending existing investments in primary drainage, river restoration and flood management, the programme will address residual climate risks, protect economic assets and livelihoods, and support urban regeneration. It will leverage existing technical studies, institutional arrangements and anchor financing to provide a ready platform for additional public, private and concessional investment.
Project overview
Investment opportunity
Investment types sought
Concessional Finance; Blended Finance; Co-Financing; Infrastructure Debt; Resilience Bonds; Green Bonds; Grant Funding; Technical Assistance; PPP
Project status
Development stage
Structuring & preparation
Additional project information
- Lead agency
- Ministry of Environment, Climate Change and Natural Resources (MECCNAR)
Expected impact
Economic & development benefits
- The project will reduce flood-related economic losses, protect homes, businesses and critical infrastructure, improve urban services and strengthen climate-resilient livelihoods in Greater Banjul
- The Kotu catchment is home to approximately 201,044 people, of whom about 59,564 are exposed to flooding and coastal erosion
- Existing Kotu interventions are estimated to avoid approximately US$3.58 million in flood damages annually, demonstrating the strong economic value of resilience investment
- Beneficiaries include households, businesses, women, youth, farmers, informal workers, local authorities and communities across the Kotu catchment and wider Greater Banjul Area
Climate & resilience benefits
- In the short term, the project will reduce exposure to flooding through complementary drainage, water-retention measures, ecosystem restoration and green-blue infrastructure, while strengthening community preparedness and protecting critical urban assets
- In the long term, it will reduce recurrent climate-related economic losses, improve resilience to extreme rainfall and sea-level rise, restore ecosystem functions and strengthen the adaptive capacity of households, businesses and institutions
- By combining engineered and nature-based solutions with urban regeneration and sustainable livelihoods, the programme will support a safer, more climate-resilient and economically productive Greater Banjul
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.