Somali President Hassan Sheikh Mohamud has launched the National Investment Plan for the Third Climate Change Response Initiative in Antalya, Turkey—a plan requiring $12.8 billion in investment over the next decade.
The President, accompanied by the Minister of Environment and Climate Change, General Bashir Mohamed Jama, stated that this plan is part of Somalia’s efforts to address the escalating impacts of climate change.
The plan comprises seven key pillars, 27 programs, and 44 investment initiatives, focusing on the development of agriculture, livestock, fisheries, water, energy, health, and environmental protection.
Hassan Sheikh noted that while Somalia has developed comprehensive plans to tackle environmental challenges, securing international investment and cooperation is essential for their successful implementation.
He emphasized that international support is vital for mitigating the effects of droughts and floods, as well as for strengthening the capacity of communities to adapt to climate change. The launch event was attended by representatives from the Government of Denmark, the World Bank, United Nations agencies, and the African Development Bank.
These representatives discussed investment opportunities and technical support for the implementation of the plan—an initiative that Somalia views as a key component of its efforts to strengthen economic and social resilience against climate-related risks.
