Niger receives cash to address lack of climate resilience
12 November 2010
Niger has received a portion of $270 million (£167 million) in order to improve its resilience against climate impacts, which will include new water infrastructure.
The money comes from a Pilot Programme for Climate Resilience (PPCR) under the $6.4 billion Climate Investment Funds.
Niger is one of three nations - the others are Bangladesh and Tajikistan - to submit national-level strategies to the PPCR governing body.
It has received $50 million in grants and $60 million in near zero-interest credits and the money will go towards managing water resources and providing support for rural communities.
The African Development Bank (AfDB), World Bank and the European Bank for Reconstruction and Development are all involved in the process.
As it stands, all three countries that are receiving the money face potentially life-threatening impacts from climate change.
The creation of an African Carbon Support Project was recently announced by AfDB and Carbon Limits.