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Cape Verde: World Bank approves additional €34.7 million after storms

The amount includes "$30 million from the Crisis Response Window (CRW)" and is intended to reinforce priority investments

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The World Bank has approved additional financing of $40 million (€34.7 million) to support Cape Verde following damage caused by the 2025 storms, the government announced today.

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

The finance ministry said the funding will allow the expansion of interventions and address reconstruction needs “following the August 2025 floods on the Barlavento islands and the intense November rains on Santiago.” The funds will also cover additional costs above initial estimates arising from “design adjustments, including the strengthening of climate resilience standards, and delays associated with extreme weather events and logistical constraints.”

Read more: International donations to Cape Verde fell 1.8% in 2025

The investment aims to strengthen urban infrastructure in the country amid growing vulnerability to extreme climate events. In August 2025, storm Erin killed nine people on the island of São Vicente, and in November, flash flooding caused one death on Santiago.

According to the World Meteorological Organization, 2025 was likely the second or third warmest year on record, with ocean warming intensifying storms and worsening sea level rise.

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