Download or read book Climate and Disaster Resilience Financing in Small Island Developing States written by OECD and published by OECD Publishing. This book was released on 2016-11-10 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Storms, hurricanes, and cyclones have been a feature of life on Small Island Developing States (SIDS) for centuries. But climate change is now increasing the intensity of these disasters, as well as creating new developmental challenges - like rising sea levels and increasing ocean acidity - ...
Download or read book Climate and Disaster Resilience Financing in Small Island Developing States written by and published by . This book was released on 2016 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Storms, hurricanes, and cyclones have been a feature of life on Small Island Developing States (SIDS) for centuries. But climate change is now increasing the intensity of these disasters, as well as creating new developmental challenges - like rising sea levels and increasing ocean acidity - which not only challenge the development models of these countries. They challenge and threaten their own existence. This report examines the nature, scope and volume of concessional finance directed to SIDS to build resilience to climate change and natural disasters. It identifies challenges in the provision and use of financing for resilience. Yet, it is not just about challenges. It also illustrates the positive steps that SIDS are taking – and in many cases leading – to ensure that climate and disaster resilience is addressed as an integral part of their development. The report offers targeted recommendations to enhance the scope and quality of resilience financing, calling for the international community to consider financing for climate and disaster resilience that is appropriate for the challenges that SIDS face. The report is a jointly funded initiative of the OECD and the Global Facility for Disaster Reduction and Recovery (GFDRR) at the World Bank.
Download or read book Small Island Developing States written by Stefano Moncada and published by Springer Nature. This book was released on 2021-10-19 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how vulnerable and resilient communities from SIDS are affected by climate change; proposes and, where possible, evaluates adaptation activities; identifies factors capable of enhancing or inhibiting SIDS people’s long-term ability to deal with climate change; and critiques the discourses, vocabularies, and constructions around SIDS dealing with climate change. The contributions, written by well-established scholars, as well as emerging authors and practitioners, in the field, include conceptual papers, coherent methodological approaches, and case studies from the communities based in the Caribbean Sea and the Indian, Atlantic, and Pacific Oceans. In their introduction, the editors contextualise the book within the current literature. They emphasise the importance of stronger links between climate change science and policy in SIDS, both to increase effectiveness of policy and also boost scholarly enquiry in the context of whose communities are often excluded by mainstream research. This book is timely and appropriate, given the recent commission by the Intergovernmental Panel on Climate Change (IPCC) of a Special Report that aims at addressing vulnerabilities, “especially in islands and coastal areas, as well as the adaptation and policy development opportunities” following the Paris Agreement. Coupled with this, there is also the need to support the policy community with further scientific evidence on climate change–related issues in SIDS, accompanying the first years of implementation of the United Nations Sustainable Development Goals.
Download or read book Small States Resilience to Natural Disasters and Climate Change Role for the IMF written by International Monetary Fund and published by International Monetary Fund. This book was released on 2016-07-11 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small developing states are disproportionately vulnerable to natural disasters. On average, the annual cost of disasters for small states is nearly 2 percent of GDP—more than four times that for larger countries. This reflects a higher frequency of disasters, adjusted for land area, as well as greater vulnerability to severe disasters. About 9 percent of disasters in small states involve damage of more than 30 percent of GDP, compared to less than 1 percent for larger states. Greater exposure to disasters has important macroeconomic effects on small states, resulting in lower investment, lower GDP per capita, higher poverty, and a more volatile revenue base.
Download or read book Climate and Disaster Resilient Transport in Small Island Developing States written by Weltbank and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Small Island Developing States (SIDS) are a group of countries located across the world in the Caribbean, Pacific, Africa, and Indian Ocean regions. They are all small in size, sparsely populated and geographically isolated, and their small economies are typically based on tourism, fisheries, agriculture, and small-scale manufacturing activities. SIDS are among the most exposed and vulnerable countries to natural disasters in the world, and climate change is expected to exacerbate future risks, threatening development progress. Because of their location, small size, and topography, SIDS are exposed to severe hazards, including cyclones, extreme winds, storms, earthquakes, tsunamis, and volcanic eruptions. This report proposes solutions to integrate climate and disaster risk considerations in transport infrastructure lifecycle management and, in this way, enhance the resilience of transport systems. The case studies presented in this report can be replicated by tailoring best practices to specific country contexts. Interventions can be made by life cycle component, or integrated across the transport infrastructure life cycle. In Tuvalu for instance, after Cyclone Pam in 2015 isolated the island, the Tuvalu Aviation Investment Project revised infrastructure design specifications to ensure resilience of the airport to future events, including also various measures to improve disaster preparedness and response. This report also proposes a path forward for replicating best practices and deploying resilient transport infrastructure in SIDS. Consisting of four components, the path leverages existing experiences in SIDS to coalesce and scale-up donor support to address financial gaps while reinforcing country systems and delivering scale with reduced administrative burden. Components of this path forward specifically address country-specific needs assessments and transition plans, implementation of resilience measures and transport asset management systems, avenues for local capacity building and knowledge exchange, and fundraising and reassessing capital needs for continued enhancement of transport systems resilience.
Download or read book Fragile and Conflict Affected Situations and Small Island Developing States Approach written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-06-01 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fragile and conflict-affected situations (FCAS) and small island developing states (SIDS) approach represents a new way of doing business for the Asian Development Bank (ADB) in its most vulnerable developing member countries. FCAS and SIDS face unique development challenges such as a greater need for governance and institutional capacity building, geographic isolation, small populations, narrow asset bases, and armed conflict. The FCAS and SIDS approach—or FSA—introduces flexible processes and procedures that will allow ADB to tailor interventions to the specific challenges of these countries, with the goal of improving project results, and ultimately improving livelihoods.
Download or read book Enhancing Macroeconomic Resilience to Natural Disasters and Climate Change in the Small States of the Pacific written by Ezequiel Cabezon and published by International Monetary Fund. This book was released on 2015-06-19 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural disasters and climate change are interrelated macro-critical issues affecting all Pacific small states to varying degrees. In addition to their devastating human costs, these events damage growth prospects and worsen countries’ fiscal positions. This is the first cross-country IMF study assessing the impact of natural disasters on growth in the Pacific islands as a group. A panel VAR analysis suggests that, for damage and losses equivalent to 1 percent of GDP, growth drops by 0.7 percentage point in the year of the disaster. We also find that, during 1980-2014, trend growth was 0.7 percentage point lower than it would have been without natural disasters. The paper also discusses a multi-pillar framework to enhance resilience to natural disasters at the national, regional, and multilateral levels and the importance of enhancing countries’ risk-management capacities. It highlights how this approach can provide a more strategic and less ad hoc framework for strengthening both ex ante and ex post resilience and what role the IMF can play.
Download or read book Loss and Damage from Climate Change written by Reinhard Mechler and published by Springer. This book was released on 2018-11-28 with total page 563 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an authoritative insight on the Loss and Damage discourse by highlighting state-of-the-art research and policy linked to this discourse and articulating its multiple concepts, principles and methods. Written by leading researchers and practitioners, it identifies practical and evidence-based policy options to inform the discourse and climate negotiations. With climate-related risks on the rise and impacts being felt around the globe has come the recognition that climate mitigation and adaptation may not be enough to manage the effects from anthropogenic climate change. This recognition led to the creation of the Warsaw International Mechanism on Loss and Damage in 2013, a climate policy mechanism dedicated to dealing with climate-related effects in highly vulnerable countries that face severe constraints and limits to adaptation. Endorsed in 2015 by the Paris Agreement and effectively considered a third pillar of international climate policy, debate and research on Loss and Damage continues to gain enormous traction. Yet, concepts, methods and tools as well as directions for policy and implementation have remained contested and vague. Suitable for researchers, policy-advisors, practitioners and the interested public, the book furthermore: • discusses the political, legal, economic and institutional dimensions of the issue• highlights normative questions central to the discourse • provides a focus on climate risks and climate risk management. • presents salient case studies from around the world.
Download or read book Financing Disaster Risk Reduction in Asia and the Pacific written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-12-01 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disaster events impact Asia and the Pacific more than any other region in the world. In light of current and future climate and disaster risks, there is an urgent need to address the region’s underinvestment in disaster risk and reduction. This publication aims to guide policy makers and other stakeholders on how to scale up disaster risk reduction financing in developing member countries of the Asian Development Bank. It provides an overview of financing opportunities—including instruments and mechanisms—as well as country case studies and practical tips for governments to implement enhanced disaster risk reduction.
Download or read book Climate Change Adaptation in Small Island Developing States written by Martin J. Bush and published by John Wiley & Sons. This book was released on 2017-11-30 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: A groundbreaking synthesis of climate change adaptation strategies for small island states, globally A wide ranging, comprehensive, and multi-disciplinary study, this is the first book that focuses on the challenges posed by climate change impacts on the Small Island Developing States (SIDS). While most of the current literature on the subject deals with specific regions, this book analyses the impacts of climate change across the Caribbean, the Pacific Ocean, and the African and Indian Ocean regions in order to identify and tackle the real issues faced by all the small island States. As the global effects of climate change become increasingly evident and urgent, it is clear that the impact on small islands is going to be particularly severe. These island countries are especially vulnerable to rising sea levels, hurricanes and cyclones, frequent droughts, and the disruption of agriculture, fisheries and vital ecosystems. On many small islands, the migration of vulnerable communities to higher ground has already begun. Food security is an increasingly pressing issue. Hundreds of thousands of islanders are at risk. Marine ecosystems are threatened by acidification and higher seawater temperatures leading to increased pressure on fisheries—still an important source of food for many island communities. The small island developing States emit only small amounts of carbon dioxide and other greenhouse gases. Yet many SIDS governments are allocating scarce financial and human resources in an effort to further reduce their emissions. This is a mistake. Rather than focus on mitigation (i.e., the reduction of greenhouse gas emissions) Climate Change Adaptation in Small Island Developing States concentrates on adaptation. The author assesses the immediate and future impacts of climate change on small islands, and identifies a range of proven, cost-effective adaptation strategies. The book: Focuses on the challenges of climate change faced by all of the world’s small island developing States; Provides comprehensive coverage of the latest research into the most likely environment impacts; Uses numerous case studies to describe proven, practical, and cost-effective policies, including disaster management strategies—which can be developed and implemented by the SIDS; Takes a unique, multidisciplinary approach, making it of particular interest to specialists in a variety of disciplines, including both earth sciences and life sciences. This book is a valuable resource for all professionals and students studying climate change and its impacts. It is also essential reading for government officials and the ministries of the 51 small island developing States, as well as the signatories to the 2015 Paris climate agreement.
Download or read book Small Island Developing States written by Stefano Moncada and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how vulnerable and resilient communities from SIDS are affected by climate change; proposes and, where possible, evaluates adaptation activities; identifies factors capable of enhancing or inhibiting SIDS people's long-term ability to deal with climate change; and critiques the discourses, vocabularies, and constructions around SIDS dealing with climate change. The contributions, written by well-established scholars, as well as emerging authors and practitioners, in the field, include conceptual papers, coherent methodological approaches, and case studies from the communities based in the Caribbean Sea and the Indian, Atlantic, and Pacific Oceans. In their introduction, the editors contextualise the book within the current literature. They emphasise the importance of stronger links between climate change science and policy in SIDS, both to increase effectiveness of policy and also boost scholarly enquiry in the context of whose communities are often excluded by mainstream research. This book is timely and appropriate, given the recent commission by the Intergovernmental Panel on Climate Change (IPCC) of a Special Report that aims at addressing vulnerabilities, "especially in islands and coastal areas, as well as the adaptation and policy development opportunities" following the Paris Agreement. Coupled with this, there is also the need to support the policy community with further scientific evidence on climate change-related issues in SIDS, accompanying the first years of implementation of the United Nations Sustainable Development Goals.
Download or read book Financing Investment in Disaster Risk Reduction and Climate Change Adaptation written by Mikio Ishiwatari and published by Springer Nature. This book was released on 2022-09-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the population is growing and urbanization is progressing, higher numbers of people are exposed to disaster risks, especially in the developing countries. Climate change is further worsening the impacts of existing risks and introducing new ones. It is imperative that countries need to invest more in disaster risk reduction (DRR) as well as climate change adaptation (CCA) not only to minimize their impacts but also to build resilience. To date, various international arenas have recommended increasing investment in DRR. The Sendai Framework for DRR, adopted by the UN member states in 2015 during the Third UN World Conference on DRR, emphasizes investment as a priority for decreasing disaster risks and losses. The Yangon Declaration set the goal of doubling investment to address water-related disasters. However, most countries are not able to proactively invest enough in DRR. Understanding the current scale and estimate of investment and its effects is crucial for promoting DRR investment, but such information and estimates are rarely available. This book examines the current investment trends and issues in DRR and CCA. Based on specific case studies, field data and evidence, the book identifies challenges in increasing investment and recommends various investment policies and innovative approaches to sustainable progress towards a resilient future. Chapter 12 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Download or read book Seychelles written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2017-06-20 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper takes stock of Seychelles’ plans to manage climate change, from the perspective of its macroeconomic implications. It suggests macro-relevant reforms that could strengthen the plans’ likelihood of success. It highlights high public awareness and a body of existing sustainable development planning, which puts Seychelles several steps ahead toward preparedness. Next steps would be to ensure that climate change planning is integrated with the forthcoming National Development Plan. Disaster preparedness is a relatively strong point, but there is much still to be done—from improving warning systems to resilience building to contingency financing.
Download or read book Building Resilience to Climate change in Small Island Developing States SIDS in the Caribbean written by Chris Metcalfe and published by Springer. This book was released on 2023-09-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book summarizes approaches that integrate the environmental, economic, and physical domains with the values, and needs of the population are necessary to develop sustainable strategies that will enhance the resilience of small islands, within the context of inter-island differences in geology, ecology, societal attitudes, governance, and human and economic resources. The impacts of coastal damage and flooding are predicted to worsen during this century due to rising sea levels and increases in the frequency and intensity of storms. The usual approach to coastal protection in Small Island Developing States (SIDS) in the Caribbean is to view both the hazards and the solutions from the “Ocean Side” perspective and to react with “hard” engineering solutions. These structural engineering approaches prevent damage and disruptions to services associated with predictable events but leave communities vulnerable to future events that do not follow historical trends. Furthermore, engineered structures do not adequately address the systemic nature of climate change nor account for compounding threats (e.g., coincidence of hurricane season and global pandemics). To move from this traditional strategy for managing risks from coastal hazards, we need to consider a portfolio of solutions that enhance island protection and community resilience. Nature-Based Solutions (NBS) are gaining attention as practical and cost-effective approaches for mitigating climate-based stressors. However, deployment of NBS strategies requires spatial coordination within the context of “ridge to reef” or integrated water resource management (IWRM) approaches that include the creation of conditions for social acceptance, equity, effective governance, and financial incentives.
Download or read book Sustaining Development in Small Island Developing States written by Emily Wilkinson and published by . This book was released on 2021 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small Island Developing States (SIDS), or Large Ocean States as some prefer to be known, are at a critical juncture: they are reliant on reforms in global institutions that need to happen quickly. SIDS have immense potential to innovate and adapt to global conditions, but they are highly vulnerable to climate change impacts and other external shocks and face significant structural challenges in managing these risks. Younger generations of SIDS citizens face the triple jeopardy of crippling debt, a degraded natural environment and frequent, devastating disasters. SIDS have a high need for climate finance – particularly for adaptation and resilience – but they often have the weakest capacity to access it and are far from obtaining the volumes they need. UN Member States have acknowledged that the SIDS are a special case for sustainable development, but this needs to translate into greater support and coordination of climate and development cooperation. Reforms are needed across development assistance, debt and climate finance, using common definitions and criteria for eligibility and towards the common goals of honouring commitments made under the Paris Agreement and SAMOA Pathway and to improving aid effectiveness.
Download or read book Building Resilience to Natural Disasters An Application to Small Developing States written by Ricardo Marto and published by International Monetary Fund. This book was released on 2017-10-30 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. We use the model to study the debt sustainability concerns that arise from the need to rebuild public infrastructure over the medium term and analyze the feasibility of ex ante policies, such as building adaptation infrastructure and fiscal buffers, and contrast these policies with the post-disaster support provided by donors. Investing in resilient infrastructure may prove useful, in particular if it is viewed as complementary to standard infrastructure, because it raises the marginal product of private capital, crowding in private investment, while helping withstand the impact of the natural disaster. In an application to Vanuatu, we find that donors should provide an additional 50% of pre-cyclone GDP in grants to be spent over the following 15 years to ensure public debt remains sustainable following Cyclone Pam. Helping the government build resilience on the other hand, reduces the risk of debt distress and at lower cost for donors.
Download or read book Building Resilience to Natural Disasters An Application to Small Developing States written by Ricardo Marto and published by International Monetary Fund. This book was released on 2017-10-30 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. We use the model to study the debt sustainability concerns that arise from the need to rebuild public infrastructure over the medium term and analyze the feasibility of ex ante policies, such as building adaptation infrastructure and fiscal buffers, and contrast these policies with the post-disaster support provided by donors. Investing in resilient infrastructure may prove useful, in particular if it is viewed as complementary to standard infrastructure, because it raises the marginal product of private capital, crowding in private investment, while helping withstand the impact of the natural disaster. In an application to Vanuatu, we find that donors should provide an additional 50% of pre-cyclone GDP in grants to be spent over the following 15 years to ensure public debt remains sustainable following Cyclone Pam. Helping the government build resilience on the other hand, reduces the risk of debt distress and at lower cost for donors.
