Togo: Yoto 1 Municipality Needs CFA4 Billion for New Strategy to Fight Climate Change

Agriculture

Tuesday, 12 November 2024 11:57

Togo: Yoto 1 Municipality Needs CFA4 Billion for New Strategy to Fight Climate Change

(Togo First) - Togo’s Yoto 1 municipality needs CFA4.2 billion to address the impacts of climate change. The municipality needs the money to implement its Plan Communal d'Adaptation au Changement Climatique (PCACC), a five-year strategy approved last week by the local government.

The plan primarily aims to make Yoto 1 more resilient to climate change and related challenges. The strategy has three key axes.

The first focuses on bolstering the commune's institutional, human, technical, and material capacities. Under this axis, Yoto 1 will get the necessary resources to tackle the escalating challenges posed by climate change while also training local teams to manage these impacts more effectively.

The second component emphasizes actionable measures in the field. These operational initiatives will involve direct local interventions, including efforts to manage natural resources and safeguard vulnerable areas that are particularly susceptible to climatic risks.

The third and last component covers fund mobilization. Yoto 1 wants to secure funds to support its climate initiatives. It plans to raise the money mainly from donors and partnerships.

This adaptation plan is part of the broader Togo Coastal Communities Climate Change Resilience Project (R4C-Togo), which is financed by the Global Environment Facility (GEF) through the Food and Agriculture Organization of the United Nations (FAO). The Office de développement et d'exploitation forestière (ODEF) is also involved in its implementation.

The successful execution of the strategy will significantly help locals, making them less vulnerable to climate change. Yoto 1’s Mayor, Amégnonan Kossi, has called for active participation and support from local communities to ensure the project's success.

REFORMS OVERVIEW

STARTING A BUSINESS (more info)

At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

Compared to some years ago when it was one of the lowest rankers under the Doing Business’ Enforcing Contracts indicator, Togo, leveraging many efforts to improve its business climate, was able to jump significantly on the index in the recent years... .

CONTRACT EXECUTION (more info)

Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

TRADING ACROSS BORDERS (more info)

In comparison to previous years,Togo has significantly improved its ranking under the“Trading across borders” indicator by adopting multiple reforms that focus mainly on the digitization and reduction in delays, for import and export procedures related to import and export.

In comparison to previous years, Togo has significantly improved its ranking on the “Trading across borders” index by adopting multiple reforms that focus mainly on the digitalization and reduction in delays, for import and export procedures related to import and export.

CONSTRUCTION PERMIT (more info)

After moving from the 133rd to 127th place under the 2020 Doing Business’ construction permit index, Togo intends to reiterate this feat in the coming edition of the global ranking. To this end, it has introduced this year multiple reforms.

GETTING ELECTRICITY (more info)

Over the past two years, Togo’s ranking under the Doing Business’ Getting electricity and water indicator has increased consistently. Owing this performance to multiple reforms aimed at making it easier for businesses to access power and water, Lomé plans to introduce even more reforms this year to keep up its improvements.

REGISTERING A PROPERTY (more info)

Out of all the 'Doing Business’ indicators, Property Registration is where Togo has improved the most since 2018. Indeed, after spending years in the lowest part of this ranking, the country now seeks to beat Rwanda which is the best performer on this index in Africa. To do so, Lomé has been introducing many reforms, with the latest batch implemented this year.

PUBLIC PROCUREMENT (more info)

From professionalization to digitization, through legislative regulations, Togo’s public procurement framework is constantly being modernized. Several reforms have been implemented to improve the sector much to the benefit of the private sector, which is the focus of the National Development Plan.

PAYING TAXES AND DUTIES (more info)

To improve its business environment, Togo introduced some important reforms related to the payment of tax and duties. From the replacement of some taxes to the cancellation of others through exemptions, the country has only one objective: offer the most attractive tax framework to investors and economic operators. To achieve this, the authorities relied on digitization.