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Home » Economy » Mozambique Seeks $37.2 Billion to Strengthen Climate Resilience Over Next Decade
Economy

Mozambique Seeks $37.2 Billion to Strengthen Climate Resilience Over Next Decade

by Emmanuel Ebube November 12, 2026
written by Emmanuel Ebube November 12, 2026
Mozambican President Daniel Francisco Chapo delivers a speech during the High-Level Segment of the COP31 Leaders' Summit at the 31st Conference of the Parties (COP31) to the UN Framework Convention on Climate Change in Antalya, Turkiye, on November 11, 2026. ( Mehmet Emin Mengüarslan - Anadolu Agency )
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MAPUTO, Nov 12 – Mozambique is seeking approximately $37.2 billion (€33.5 billion) over the next 10 years to strengthen climate resilience and protect communities from increasingly severe weather-related risks, President Daniel Chapo said at the 31st United Nations Climate Change Conference (COP31) in Türkiye.

The funding appeal follows more than 76 climate-related disasters recorded in the country between 2000 and 2025, including floods, inundations and tropical cyclones. These events caused human and economic losses estimated at more than $4.5 billion (€4.1 billion), according to Chapo.

“To strengthen resilience and protect the population, Mozambique needs around US$37.2 billion (€33.5 billion) over the next ten years. We therefore appeal for support from bilateral and multilateral partners and other relevant stakeholders,” Daniel Chapo said.

The government has identified climate adaptation and disaster risk reduction as strategic priorities, with its National Adaptation Plan focusing on strengthening early warning systems and incorporating climate considerations into local development planning.

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“Against this backdrop, we have adopted climate adaptation and disaster risk reduction as strategic priorities (…). We have adopted the National Adaptation Plan, which prioritises strengthening early warning systems and integrating the climate dimension into local planning,” the President said.

Chapo added that Mozambique has developed at least 141 local adaptation plans and established more than 1,500 local disaster risk management committees.

The President also called for increased international support to help African countries prevent climate-related risks and build resilience, linking the financing requirement to broader demands for climate justice and more accessible climate finance.

Marking the 10th anniversary of the adoption of the Paris Agreement, Chapo urged major economies to take the lead in reducing greenhouse gas emissions and honouring their climate financing commitments.

Mozambique is among Africa’s most climate-vulnerable countries, facing recurring floods, tropical cyclones and severe storms. The scale of the exposure was reflected in the country’s most recent rainy season, which ran from October 2025 to April 2026.

According to the National Institute for Disaster Risk Management and Reduction (INGD), the period resulted in 311 deaths and affected approximately 1.07 million people.

The proposed $37.2 billion financing requirement is intended to support the country’s longer-term capacity to withstand climate shocks, protect vulnerable communities and reduce the economic damage associated with recurring natural disasters.

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