On May 29, 2025, the Republic of Côte d’Ivoire and the Japan Bank for International Cooperation (JBIC), a Japanese public development bank, signed a framework agreement to financially support projects with a strong environmental component in the country. The agreement, signed in Abidjan, provides for a total financing of 150 million euros, of which 90 million euros will be directly contributed by JBIC under its GREEN program.

This initiative is part of Côte d’Ivoire’s sustainable development strategy and its commitment to combating climate change. Côte d’Ivoire aims to reduce its greenhouse gas emissions by 30.41% by 2030, in line with its Nationally Determined Contributions (NDCs) under the Paris Agreement. The funding provided by JBIC will strengthen the country’s capacity to achieve these goals, notably through projects in renewable energy, energy efficiency, and sustainable natural resource management.

The signing ceremony was attended by Mr. Adama Coulibaly, Minister of Finance and Budget of Côte d’Ivoire, and Mr. Nobumitsu Hayashi, Governor of JBIC. This partnership goes beyond financing, opening up opportunities for Japanese companies to further invest in Côte d’Ivoire while reinforcing economic cooperation between the two nations.

Beyond environmental concerns, the agreement also facilitates Côte d’Ivoire’s access to Japanese financial markets, helping mobilize additional resources for the country’s sustainable development projects.

In summary, this agreement represents a major step forward for Côte d’Ivoire in its ecological transition, while strengthening bilateral relations with Japan in the broader context of enhanced South-South cooperation.