Abstract:
This paper assesses the extent to which Senegal’s macroeconomic policy actions both during and after the COVID-19 pandemic have been in line with its commitments to its Nationally Determined Contribution (NDC) targets. For the past decade the country has developed various policies to address the effects of climate change. Access to finance has played an instrumental role in developing bankable projects, mainly through international funding support. However, the available funds are insufficient, given the needs of the country and the complexity of funding mechanisms. To date, the implementation of Senegal’s NDC has been largely unsatisfactory. A comprehensive national measurement reporting and verification and supportive monitoring and evaluation system could increase transparency and strengthen efforts made in terms of climate adaptation and mitigation.
