Praia, March 19, 2026 (Lusa) — The World Bank has approved an additional $40 million (€34.7 million) in funding to support Cabo Verde following damage caused by the 2025 storms, the government announced on Thursday.

According to the statement, the amount includes "$30 million from the Crisis Response Window (CRW)" and is intended to bolster priority investments, support post-disaster recovery and cover additional costs.

The Finance Ministry said the funding will allow for expanded interventions and reconstruction "following the August 2025 floods on the Barlavento islands and the heavy November rains in Santiago".

The government also noted that the funds will cover costs exceeding initial estimates "resulting from design adjustments, including the strengthening of climate resilience standards, and delays associated with extreme weather events and logistical constraints".

The investment aims to strengthen urban infrastructure as the country faces greater vulnerability to extreme weather.

In August 2025, storm Erin killed nine people on São Vicente island and, in November, flash floods caused one death on Santiago island.

According to the World Meteorological Organisation (WMO), a United Nations agency, 2025 was the second- or third-hottest year on record, with ocean warming intensifying storms and worsening sea-level rise.

LFO/LYT // ADB.

Lusa