{"id":10970,"date":"2022-02-24T11:04:18","date_gmt":"2022-02-24T11:04:18","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd"},"modified":"2022-02-24T12:02:31","modified_gmt":"2022-02-24T12:02:31","slug":"climate-actions-mauritius-obtains-e-21-million-from-afd","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd","title":{"rendered":"Climate actions: Mauritius obtains \u20ac 2,1 million from AFD"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Two agreements for financial assistance, totalling EUR 2,1 million, from the Agence fran\u00e7aise de D\u00e9veloppement (AFD), were signed, this morning, during a ceremony held in Port-Louis.<\/p>\n

A grant of EUR 1.1 million was extended to Mauritius under the 2050 Facility: \u2018Construire une vision commune et une trajectoire neutre en carbone et r\u00e9siliente \u00e0 l\u2019horizon 2050\u2019 (Building a common vision and a carbon-neutral and resilient trajectory by 2050).<\/p>\n

As for the partnership agreement Fund for Technical Expertise and Experience Transfers (FEXTE), \u2019Etude du littoral\u2019 (Survey of the coastline), a financial assistance of EUR 1 million was obtained.<\/p>\n

The financial, administrative and technical execution of the agreements will be carried out by the Ministry of Environment, Solid Waste Management and Climate Change.<\/p>\n

Several eminent personalities were present at the ceremony, including the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy; the Ambassador of the Republic of France to Mauritius, Mrs Florence Causs\u00e9-Tissier; the Director of the AFD for Mauritius and Seychelles, Mr Andr\u00e9 Pouill\u00e8s-Duplaix; and the Director of the International, du D\u00e9veloppement et de l’Innovation at the Bureau de Recherches G\u00e9ologiques et Mini\u00e8res, Mrs Catherine Bonin.<\/p>\n

In his address, the Finance Minister underlined that the two agreements would contribute significantly to strengthen the country\u2019s resilience to climate change.<\/p>\n

The Minister stressed the urgent need to act against climate change and said that Mauritius, as all Small Island Developing State, was disproportionately facing the impacts of climate change, despite emitting less than 0.01 percent of global greenhouse gas emissions.<\/p>\n

On that score, Dr Renganaden Padayachy reiterated Government\u2019s engagement to act in favour of the protection of the environment and to address climate change with what he described as ambitious but achievable goals and with the help of foreign assistance.<\/p>\n

\u201cThe fact that Mauritius ambitions to decrease its greenhouse gas emissions by 40% by 2030, instead of 30%, attests to Government\u2019s determination to act,\u201d he emphasised.<\/p>\n

In so doing, he stated that Government aimed at investing in renewable sources of energy and increasing to 60 percent the use of renewable sources for electricity generation by 2030.<\/p>\n

He indicated that the estimated cost for the implementation of these projects was US$ 6.5 billion, among which US$ 4.5 billion would be earmarked for adaptation projects and US$ 2 billion for mitigation initiatives.<\/p>\n

He further informed that Mauritius would receive financial assistance from foreign donors amounting to US$ 4,2 billion and representing 65% of the estimated cost, while the remaining US$ 2,3 billion would be financed by other international sources.<\/p>\n

\u201cThe two agreements signed today are being extended to Mauritius from the Government of France in this context and form part of the technical support of 300 million EUR offered by the AFD in June 2020,\u201d he added.<\/p>\n

Minister Padayachy expressed gratitude to the French Government and added that it was yet another testimony of the shared friendship, and of France\u2019s unwavering support and trust.<\/p>\n

As for the AFD Director, he informed that the 2050 Facility aimed at enabling Mauritius to develop its pathway to allow the transition to a low-carbon and resilient development model, and to be more resilient to climate change.<\/p>\n

\u201cTwo key sectors identified as the most gas emitting ones, namely the energy and transport sectors, as well as two vulnerable sectors, that is agriculture and tourism, will be guided to elaborate a strategy,\u201d he pointed out.<\/p>\n

\u201cAs for the second agreement,\u201d he said, \u201cfor which EUR 1 million was granted, it will cater for the mapping of the coastal zones of Mauritius and Rodrigues to assess the risks of erosion, among others.<\/p>\n

Ambassador Florence Causs\u00e9-Tissier, for her part, reaffirmed that acting against climate change was a top priority for the French Government, both on the national and international fronts.<\/p>\n

She observed that the AFD had consolidated its interventions and support programmes, such as capacity building and financial aids, to help countries accelerate their climate efforts.<\/p>\n

\u201cThrough the signing of the two agreements, both France and Mauritius are uniting their synergies to accelerate efforts in the fight against climate change,\u201d she added.<\/p>\n

\u201cWe are also renewing our engagement and strengthening our rich bilateral ties with Mauritius through this ambitious cooperation to respond to this common challenge,\u201d emphasised Mrs Florence Causs\u00e9-Tissier.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Two agreements for financial assistance, totalling EUR 2,1 million, from the Agence fran\u00e7aise de D\u00e9veloppement (AFD), were signed, this morning, during a ceremony held in Port-Louis. A grant of EUR 1.1 million was extended to Mauritius under the 2050 Facility: \u2018Construire une vision commune et une trajectoire neutre en carbone et r\u00e9siliente […]<\/p>\n","protected":false},"author":84,"featured_media":10969,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,245,365,241],"class_list":["post-10970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mauritius","tag-economic","tag-mauritius"],"yoast_head":"\nClimate actions: Mauritius obtains \u20ac 2,1 million from AFD - Mauritius<\/title>\n<meta name=\"description\" content=\"Two agreements for financial assistance, totalling EUR 2,1 million, from the Agence fran\u00e7aise de D\u00e9veloppement (AFD), we ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate actions: Mauritius obtains \u20ac 2,1 million from AFD\" \/>\n<meta property=\"og:description\" content=\"Two agreements for financial assistance, totalling EUR 2,1 million, from the Agence fran\u00e7aise de D\u00e9veloppement (AFD), we ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-24T11:04:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-24T12:02:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/02\/img-621773bee4749.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"618\" \/>\n\t<meta property=\"og:image:height\" content=\"412\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Climate actions: Mauritius obtains \u20ac 2,1 million from AFD\",\"datePublished\":\"2022-02-24T11:04:18+00:00\",\"dateModified\":\"2022-02-24T12:02:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd\"},\"wordCount\":710,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/02\/img-621773bee4749.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Economic\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/climate-actions-mauritius-obtains-e-21-million-from-afd\",\"name\":\"Climate actions: Mauritius obtains \u20ac 2,1 million from AFD - 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