Island States Paying Price for Climate Change
Island states are increasingly exposed to climate disasters that weigh heavily on public finances. (iStock by Getty Images/petesphotography)
In This Episode
No country has been spared the effects of changing weather patterns but developing countries–and island states, in particular, are facing the brunt of climate change while not having contributed to its root causes. Prime Minister of Barbados, Mia Mottley, and Madagascar's Finance Minister, Richard Randriamandranto, joined IMF Managing Director Kristalina Georgieva to discuss the effects of natural disasters on their economies and how policies can be designed to help countries adapt to the new climate reality. The podcast is a compilation of excerpts from their discussion. Read the transcript
Watch a webcast of the full event at IMF.org
Watch a webcast of the full event at IMF.org
KRISTALINA GEORGIEVA is the Managing Director of the International Monetary Fund (IMF).
