CDI Sustainable and Inclusive Growth DPF1

Start & End Date: 2020-2023

Country/Countries: Cote d'Ivoire

Multilateral Institution(s) Involved: World Bank

Case Study: Available

Currently, the economic framework conditions are not favourable for envir onmentally sustainable investments in cocoa, gro-forestry, renewable energy, and energy efficiency. Those elements, however, are important to ensure inclusive and sustainable growth.

The objective is to foster high growth that is at the same time sustainable and inclusive. Improving the business environment, for example through implementing standards and pursuing reforms, fosters economic growth. By doing so, the framework conditions for private sector-led growth are being improved.

Following previous reforms, the business environment improved, the rate of deforestation decreased and sustainable cocoa production takes place.