Grenada: Disaster Resilience Strategy
IMF Staff Country Reports, March 16, 2022
Source details
- Canonical URL
- Grenada: Disaster Resilience Strategy
Other formats
Bibliographic details
- Published: March 16, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400205507.002
Summary findings
- Natural disasters and climate change are described as existential threats to Grenada.
- Annual losses from natural disasters and climate change are estimated at 1.7 percent of GDP.
- Grenada has proactively pursued resilience-building through:
- its Climate Change Policy, and
- its National Adaptation Plan,
which provide detailed roadmaps for policymakers.
- Challenges that limit resilience-building include:
- increasing hazards, including slow-moving effects owing to the rising sea level,
- implementation capacity constraints, and
- resource constraints.
- The COVID-19 pandemic has amplified resilience challenges by increasing risks and tightening Grenada’s fiscal space.
Subject areas and keywords
- Subject areas: Climate change; Environment; Financial institutions; Infrastructure; Insurance; International organization; Monetary policy; National accounts; Natural disasters.
- Keywords: Caribbean; Climate change; debt sustainability implication; DRS between the IMF; DRS coverage; DRS direct costs; DRS Fiscal; Infrastructure; Insurance; Natural disasters; post DISASTER.
Publication and document specifics
- Publication title: Grenada: Disaster Resilience Strategy
- Publication date: March 16, 2022
- Pages: 45
- Volume: 2022
- Issue: 080
- Series: Country Report No. 2022/080
- DOI: https://doi.org/10.5089/9798400205507.002
- Stock No: 1GRDEA2022001
- ISBN: 9798400205507
- ISSN: 1934-7685
International Monetary Fund. Western Hemisphere Dept. "Grenada: Disaster Resilience Strategy", IMF Staff Country Reports 2022, 080 (2022).
Content in this bundle
- Grenada: Disaster Resilience Strategy; IMF Country Report No. 22/80; January 2021