Selected Issues Papers

Assessing Climate Change Risks: Potential Output Losses and Gains from Strengthening Resilience, Bahamas

By Zamid Aligishiev

April 11, 2025

Download PDF More Formats on IMF eLibrary Order a Print Copy
More formats on IMF eLibrary Order a Print Copy

Preview Citation

Format: Chicago

Zamid Aligishiev. "Assessing Climate Change Risks: Potential Output Losses and Gains from Strengthening Resilience, Bahamas", Selected Issues Papers 2025, 030 (2025), accessed April 22, 2025, https://doi.org/10.5089/9798229006712.018

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

The Bahamas is highly vulnerable to the effects of climate change, including gradual sea level rise, biodiversity loss, and intensifying hurricanes. Together, these challenges threaten to undermine the country’s potential output over the long term by inflicting damages to physical assets and eroding natural capital, which is vital to its tourism-driven economy. Importantly, these risks are unevenly distributed with smaller islands being more exposed and sensitive than the larger, more developed ones. Addressing these disparities as well as closing economy-wide adaptation needs through investments in structural resilience can unlock large potential output gains.

Subject: Climate change, Environment, Financial institutions, Infrastructure, National accounts, Natural disasters, Potential output, Production, Stocks

Keywords: Beach nourishment, Biodiversity loss, Climate Change, Climate change risk, Global, Infrastructure, Losses from climate change, Natural disasters, Output loss, Potential output, Resilient investment, Stocks, The Bahamas

Publication Details

You May Also Be Interested In...

IMF Committee on Balance of Payments Statistics 2024 Annual Report

April 18, 2025

Estimating Potential Output in Niger: Niger

April 18, 2025

Stress Testing the Albanian Banking Sector: A Decade Post-FSAP

April 16, 2025

Tracing the Slowdown of Labor Productivity Growth: Sweden

April 15, 2025