fsda-st-louis-feasibility-final-report-study-oct-24th-en-62e86c4f96ddaf46.pdf

The report identifies severe coastal erosion, flooding, fishery decline, and poor waste management as existential threats to Saint-Louis, Senegal. After evaluating eighteen financial instruments, it recommends the use of Impact Bonds due to their flexibility in scale, capacity to crowd in private capital, and focus on measurable outcomes. The report suggests potential applications for these bonds in waste management, sustainable tourism, and aquaculture, particularly targeting youth and women.

• Saint-Louis faces existential environmental threats, most notably severe coastal erosion and flooding. Between 2000 and 2018, the coastline retreated by 0.35 metres per year, and the World Bank estimates that 10,000-15,000 people are already displaced or live within 20 metres of a high-risk zone.
• The fishing industry in Saint-Louis has suffered a drastic decline; local regulators report that catches dropped by more than 80% between 2016 and 2017. This decline is attributed to rising ocean temperatures, acidity, and unsustainable fishing practices caused by competition from large foreign and pirate vessels.
• Waste management in Saint-Louis is rudimentary and severely underfunded, with a collection rate of only 33% compared to 84% in Dakar. The region lacks any bio-hazardous waste treatment units, leaving burning as the only available treatment method.
• The city's enabling environment is characterized by a strong demographic dividend, with 61% of the population under 25, and legal permissions for local authorities to enter debt arrangements for capital investments under Law 96-09 of March 1996.
• The report identifies a lack of private sector involvement at scale due to the high concentration of investment in Dakar, a lack of upfront capital, and insufficient local technical capacity and governance.
• After ranking eighteen financial instruments based on feasibility, impact, and additionality, the study concludes that Impact Bonds (including Social, Development, and Environmental Impact Bonds) are the most suitable tool for Saint-Louis.
• Impact Bonds are preferred over other instruments because they do not have the high minimum scale thresholds (often USD 10 million or more) associated with traditional bonds or securitization, making them viable for a city of Saint-Louis's size.
• The report proposes applying Impact Bonds to three primary sectors: waste management (improving practices and entrepreneurship), sustainable tourism (alternative livelihoods and training), and aquaculture (food security and employment), with a focus on youth and women.

APA

FSD Africa (n.d.). fsda-st-louis-feasibility-final-report-study-oct-24th-en-62e86c4f96ddaf46.pdf. https://fsdafrica.org/wp-content/uploads/2025/05/FSDA-St-Louis-Feasibility-Final-Report-Study-Oct-24th-EN.pdf

Chicago

FSD Africa. fsda-st-louis-feasibility-final-report-study-oct-24th-en-62e86c4f96ddaf46.pdf. n.d. https://fsdafrica.org/wp-content/uploads/2025/05/FSDA-St-Louis-Feasibility-Final-Report-Study-Oct-24th-EN.pdf.

Wikipedia

{{cite report |author=FSD Africa |title=fsda-st-louis-feasibility-final-report-study-oct-24th-en-62e86c4f96ddaf46.pdf |url=https://fsdafrica.org/wp-content/uploads/2025/05/FSDA-St-Louis-Feasibility-Final-Report-Study-Oct-24th-EN.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{fsdafricandfsdastlouisfeasibilityfinalreportstudyoct24then62e86c4f96ddaf46pdf, author = {{FSD Africa}}, title = {{fsda-st-louis-feasibility-final-report-study-oct-24th-en-62e86c4f96ddaf46.pdf}}, institution = {FSD Africa}, url = {https://fsdafrica.org/wp-content/uploads/2025/05/FSDA-St-Louis-Feasibility-Final-Report-Study-Oct-24th-EN.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }