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NEWS: Coastal wetlands are unable to adapt to the rate of sea-level rise and are constrained by infrastructure

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Wetlands, precious ecosystems that shield coastlines, safeguard drinking water from saltwater contamination, and nourish diverse wildlife, face a dire threat from the accelerating pace of sea-level rise, driven by global warming. Wetlands have historically adapted to rising sea levels by expanding upward and inland. However, predictions indicate that the waterline will soon shift far too rapidly for wetlands to keep pace. Consequently, future decades may witness the tragic loss of these vital wetland ecosystems. Wetlands along coastlines have historically played valuable roles for people and wildlife, but are now facing the threat of sea-level rise. As temperatures rise, sea levels are rising at an accelerating rate, and wetlands are unable to keep pace by building upward and migrating inland. This is due to human-induced climate change and the burning of fossil fuels, which has warmed the oceans and melted glaciers. Sea levels are now rising at about 10 millimeters per year, and are
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NEWS: New data shows 56% drop on private participation in infrastructure

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New data from the World Bank shows that private participation in infrastructure (PPI) in developing countries while taking a historic plunge in the first half of 2020 due to COVID-19, saw a very modest uptick in the second half of the year.

Imad Fakhoury, the World Bank’s Global Director for Infrastructure Finance, PPPs & Guarantees, is hopeful that this data signals the worst effects of COVID-19 on private sector infrastructure finance being over for most developing countries.

Fakhoury said: “While this situation remains in flux as the pandemic’s trajectory changes, we’re keen on scaling up private investment in sustainable and quality infrastructure in these countries going forward—but need more resilient frameworks and enabling environments.

“This is critical for building back better post-pandemic, restoring progress towards the 2030 Sustainable Development Goals, and delivering on climate commitments to ensure green, resilient and inclusive development.”


COVID-19’s global impact on infrastructure was widespread and swift. Since the start of 2020, existing infrastructure projects were delayed or cancelled due to supply-chain disruptions, travel and shipping restrictions, and other obstacles.

Caution is taken by public participation in infrastructure

Decreased demand or required renegotiations also prevented or delayed many projects already in pipelines from achieving financial closure. Moreover, as public debt globally has risen to record levels and sovereign credit ratings have been downgraded across the developing world, the private sector reacted with caution.

Private investment commitments fell in all regions except sub-Saharan Africa and the Middle East and North Africa, where development finance institutions played a strong role. The pandemic’s impact was most severe in East Asia and the Pacific, followed by Latin America and the Caribbean, Europe and Central Asia, and South Asia.

At a sector level, transport investment commitments were the lowest in the past decade—due to lockdowns, mass transit services and toll roads were hugely affected.

Ports and railways were affected as well, with decreased volumes of cargo. A bright spot is that the disruption caused by the pandemic has not affected the longer-term shift towards renewable energy: of the 129 electricity-generation projects tracked in PPI’s data,117 were in renewables.


Brazil, China, India, and Mexico retained their positions among countries with the top five investment commitments, with Brazil moving to first place, at $7.7 billion. Bangladesh is a new entrant to the top five, with the financial closure of seven projects, including one megaproject.

Burundi, the Democratic Republic of Congo, and Togo had the first PPI transactions recorded in the past five years.

Twenty-one per cent of all public participation infrastructure projects received support from development finance institutions through loans, equity, guarantees, insurance, interest rate swaps, and transaction advisory services.

This underlines the importance of these actors in providing resources, instruments, and de-risking comfort to investors in developing countries, especially in the most difficult contexts.

Source: ESI - Africa

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