Publication: Madagascar Country Climate and Development Report
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2024-10-25
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2024-10-21
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Climate change has made delivering better development in Madagascar ever more urgent. This Country Climate and Development Report (CCDR) finds that Madagascar’s aspiration to evolve into an emerging country by 2040 will be derailed unless it can bolster its resilience to intensifying climate shocks to safeguard its modest development gains and boost economic growth. The high frequency of extreme climate shocks since the 1970s has led to significant macroeconomic disturbances and weak growth. This CCDR examines the implications of future climate change for Madagascar’s growth, and the potential benefits of both structural reforms and adaptation investments. It outlines three priority areas for building resilience to climate change, and calculates the costs needed to achieve this. It provides detailed recommendations for finding the finance required, as well as for implementing the policy challenges identified.
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“World Bank Group. 2024. Madagascar Country Climate and Development Report. CCDR Series. © World Bank. http://hdl.handle.net/10986/42263 License: CC BY-NC-ND 3.0 IGO.”
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