Grenada: Disaster Resilience Strategy

March 16, 2022

Preview Citation

Format: Chicago

Grenada: Disaster Resilience Strategy, (USA: International Monetary Fund, 2022) accessed November 20, 2024

Summary

Natural disasters and climate change are existential threats to Grenada, with annual losses from these events estimated at 1.7 percent of GDP. Grenada has proactively pursued resilience-building, with its Climate Change Policy and National Adaptation Plan providing detailed roadmaps for policymakers. However, the challenges are increasing, including from slow-moving effects owing to the rising sea level, even as implementation capacity and resource constraints remain significant impediments. The COVID-19 pandemic has amplified those challenges by increasing risks and tightening Grenada’s fiscal space.

Subject: Climate change, Environment, Financial institutions, Infrastructure, Insurance, International organization, Monetary policy, National accounts, Natural disasters

Keywords: Caribbean, Climate change, Debt sustainability implication, DRS between the IMF, DRS coverage, DRS direct costs, DRS Fiscal, Infrastructure, Insurance, Natural disasters, Post DISASTER

Publication Details

Pages:

45
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2022/080
Stock No:

1GRDEA2022001
ISBN:

9798400205507
ISSN:

1934-7685

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