UNDP Somalia 302d ago

The Federal Government of Somalia stands at a critical juncture, facing the dual challenges of building a resilient state after decades of fragility and navigating a climate crisis it did little to create. The country is particularly vulnerable to climate shocks, with recurring droughts and floods devastating livelihoods, destabilizing the economy, and triggering humanitarian emergencies. In the last drought, the Federal Government of Somalia lost more than 79,000 innocent lives. The 2023 floods resulted in 188 fatalities and displaced over 2 million people. In this complex landscape, innovative and homegrown solutions for financing climate action and sustainable development are said to be the most essential strategy for the Federal Government of Somalia. At the heart of this effort is the Ministry of Finance, which is leading initiatives, in partnership with UNDP, to mobilize domestic resources and attract international climate finance with a renewed focus on transparency and accountability. To discuss this strategic shift, UNDP’s Kamal Sigdel spoke with Yasmine Ahmed, a Senior Policy Specialist at the Ministry of Finance. Here, she unpacks the new partnerships with UNDP and outlines a compelling vision for how Somalia intends to build a self-reliant future, urging the world to see the nation not through a lens of charity, but one of investment and partnership. For more information, please visit https://go.undp.org/wnp