Côte d’Ivoire and the West African Development Bank (BOAD) signed a memorandum of understanding in Abidjan, marking the launch of the Côte d’Ivoire–BOAD Climate Investment Program (PIC) for the period 2026–2030.
This memorandum establishes a green financing framework and signals the official start of the PIC, a structuring financial mechanism aimed at mobilizing over €457.3 million for initiatives in sustainable agriculture, clean energy, and forest management, according to the Ivorian Press Agency (AIP).
Speaking at the event, Assahoré Konan Jacques, Minister of Environment, Sustainable Development and Ecological Transition, reiterated the Ivorian government's commitment to making ecological transition a strategic driver of development.
“We must act with determination and boldness, because our climate ambition is to turn the ecological transition into an opportunity for development, the creation of green jobs, the enhancement of our natural capital, and the strengthening of community resilience,” he emphasized.
For his part, Serge Ekué, President of BOAD, stressed the importance of this cooperation and Côte d’Ivoire’s forward-looking vision on the international stage.
“The 300 green projects presented at COP29 reflect exemplary leadership. Through this agreement, we are establishing an effective framework to channel financing and bring these ambitions to life,” he stated.
The funds mobilized will also support technical and climate studies through the Climate Studies Fund (FEC) to ensure the bankability of the projects.
