Togo will need to mobilize nearly $14 billion by 2050 to confront the effects of climate change, according to a recent World Bank report.
By 2035, the country’s climate investment needs are estimated at 6.2% of GDP annually, and 4.1% per year between 2035 and 2050—a heavy burden on Togo’s public finances in a context of limited budgetary resources, the World Bank warns in its report on climate-resilient development pathways.
Around 40% of these investments should focus on adaptation efforts (coastal protection, agriculture, water resources, health), while 60% would go toward mitigation (renewable energy, energy efficiency, sustainable mobility), the report notes. It highlights that Togo’s exposure to climate risks—including floods, droughts, and rising sea levels—directly threatens its growth prospects and food security.
“Climate change is already affecting the Togolese population, with more frequent and intense heatwaves, unpredictable rainfall, and increasing coastal erosion that disrupt livelihoods and economic activity,” the report states.
Given the scale of the challenge, the report recommends several strategies, including the urgent mobilization of public—and especially private—financing, leveraging innovative tools such as green bonds, climate guarantees, and public-private partnerships.
The World Bank also emphasizes the importance of stronger governance, an enabling regulatory environment, and improved cross-sectoral planning.
Without coordinated action, the economic and social costs of climate change could become “a long-term drag on the country’s development.”
Togo has recently established a sustainable finance framework aimed at attracting investments aligned with the Sustainable Development Goals (SDGs).
