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This report by the African Climate Foundation and IFPRI analyzes the economic impacts of climate change in Mozambique, focusing on vulnerabilities in agriculture, energy, and transport. It details projected temperature increases and rainfall volatility, the risk of sea-level rise to coastal populations, and the macroeconomic threats posed by a global transition to low-carbon economies. The document evaluates the Government of Mozambique's current adaptation strategies, such as Local Adaptation Plans, and recommends the establishment of an Adaptation and Resilience Investment Platform (ARIP) to mobilize funding and improve technical capacity.