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According to Norway’s AbassadorEgil Thorsas, who was speaking during the signing of the 30 million Norwegian krone Cooperation Agreement with Eletricidade de Moçambique (EDM), the partnership should, among other things, reduce the social and economic costs of disasters in Mozambican society.
Norway has offered, through the Mozambican state-owned company EDM, 30 million Norwegian kroner (€2.5 million) to strengthen the electrical infrastructure and ensure energy supply to populations affected by natural disasters in Mozambique.
According to Norway’s AbassadorEgil Thorsas, who was speaking during the signing of the 30 million Norwegian krone Cooperation Agreement with Eletricidade de Moçambique (EDM), the partnership should, among other things, reduce the social and economic costs of disasters in Mozambican society.
For the official, the new fund “is not just about poles and cables,” but about protecting lives, safeguarding essential services, and ensuring that Mozambique is better prepared for a future of climate uncertainty.
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Recalling recent EDM assessments of climate-related damage, Thorsas said that the public company loses between USD 6 million (€5 million) and USD 8 million (€6.8 million) annually. At the same time, its response capacity is often limited by uncertain funding and inadequate preparedness measures.
