Publication:
Climate Change Vulnerability, Adaptation and Public Debt Sustainability in Small Island Developing States

Simple item page
dc.contributor.authorBrownbridge, Martin
dc.contributor.authorCanagarajah, Sudharshan
dc.date.accessioned2024-06-04T13:29:12Z
dc.date.available2024-06-04T13:29:12Z
dc.date.issued2024-06-04
dc.description.abstractSmall Island Developing States (SIDS) are a group of 39 United Nations (UN) member states and 18 dependent territories mostly located in the Caribbean and Oceania. They are among the most vulnerable countries to losses and damages from climate change globally, and they are especially exposed to tropical cyclones and sea level rise. This paper evaluates the climate change-related vulnerabilities of the SIDS. It uses data from the International Disaster Database (EM-DAT), to examine the magnitude of damages incurred over the last three decades and conducts an event study analysis to examine the fiscal impacts of large tropical cyclone disasters in the last decade. SIDS need to invest substantial resources over the long term for climate change adaption. The paper reviews the limited studies that have been conducted so far, on the potential long-term costs of effective adaptation investment programs. Using the most recent Debt Sustainability Analyses of SIDS, the paper discusses the challenges countries with high public debt levels face and whether a general program of debt relief might be a feasible way to fund the adaptation investment requirements of SIDS. Finally, the paper discusses the type of assistance that SIDS need to strengthen their resilience to climate change in a cost-effective manner, and the role development partners can play in supporting climate-resilient development.en
dc.identifierhttp://documents.worldbank.org/curated/en/099548106032423983/IDU14df867931dc991412d1a197148c11485be2a
dc.identifier.doi10.1596/1813-9450-10787
dc.identifier.urihttps://hdl.handle.net/10986/41651
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10787
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectSMALL ISLAND DEVELOPING STATES
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE ACTION
dc.subjectSDG 13
dc.subjectDEBT SUSTAINABILITY ANALYSIS
dc.subjectDEBT RELIEF
dc.titleClimate Change Vulnerability, Adaptation and Public Debt Sustainability in Small Island Developing Statesen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleClimate Change Vulnerability, Adaptation and Public Debt Sustainability in Small Island Developing States
okr.date.disclosure2024-06-04
okr.date.lastmodified2024-06-03T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099548106032423983/IDU14df867931dc991412d1a197148c11485be2a
okr.guid099548106032423983
okr.identifier.docmidIDU-4df86793-dc99-412d-a197-48c11485be2a
okr.identifier.doi10.1596/1813-9450-10787
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10787
okr.identifier.externaldocumentum34332553
okr.identifier.internaldocumentum34332553
okr.identifier.reportWPS10787
okr.import.id4366
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099548106032423983/pdf/IDU14df867931dc991412d1a197148c11485be2a.pdfen
okr.region.geographicalWorld
okr.topicEnvironment::Adaptation to Climate Change
okr.topicEnvironment::Climate Change Impacts
okr.topicEnvironment::Climate Change and Environment
okr.topicEnvironment::Environmental Disasters & Degradation
okr.topicFinance and Financial Sector Development::Strategic Debt Management
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.unitGGS-Climate Change Group (CCG) (SCCDR)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
IDU14df867931dc991412d1a197148c11485be2a.pdf
Size:
700.06 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
IDU14df867931dc991412d1a197148c11485be2a.txt
Size:
117.7 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers