Multinational - Investment Planning for Climate Resilient Socio-Economic Growth in the Lake Chad Basin (PIBALT)

The proposed project seeks to rebuild the economy in the Lake Chad Basin through investment planning which will catalyse the efficient, sustainable, and equitable development of the basin’s natural resources. The investments resulting from the 2nd FYIP will contribute to increased agricultural activity, economic growth, and poverty reduction, and will contribute to alleviating water and food insecurity in the basin. The expected impact is to facilitate socio-economic development, through improved IWRM and basin-wide adaptation to climate induced variability and increasing demand from the growing basin population and economies. Development of the 2nd FYIP is an important step towards equitable development of the Lake Chad Basin resources. The 2nd FYIP will take a hydro-supportive view that will ensure that investments for all basin countries are included. The project will comprise two (2) components, namely: (I) Development of the 2nd FYIP and (II) Project management.