island states

Climate policy

Island States Paying Price for Climate Change


July 2, 2021

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

KRISTALINA GEORGIEVA is the Managing Director of the International Monetary Fund (IMF).

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Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.

Rhoda Metcalfe


Rhoda Metcalfe is an independent journalist and audio producer. Her reporting on the armed conflict in Colombia in the late 90s, as well as her work in Egypt, Turkey and South Africa has won several awards. She now produces podcasts and radio features from Washington DC and is a regular contributor to the IMF Podcast program.