## Seychelles: Selected Issues

_IMF Staff Country Reports, June 20, 2017_

## Source details

**Canonical URL:** [Seychelles: Selected Issues](https://www.imf.org/en/publications/cr/issues/2017/06/20/seychelles-selected-issues-44996)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/06/20/seychelles-selected-issues-44996/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/06/20/seychelles-selected-issues-44996/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/06/20/seychelles-selected-issues-44996/bundle-manifest.json)

## Bibliographic details
- Published: June 20, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484304792.002

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### Summary
- This Selected Issues paper discusses measures to enhance resilience to climate and natural disasters in Seychelles.
- Key climate risks identified: rising sea levels, changing rainfall patterns, increasingly intense and frequent tropical cyclones, and massive coral bleaching, which are compounding economic and social risks in Seychelles.
- Recommended strategic approach: a policy mix focused on combining adaptation and mitigation strategies that are aligned with Seychelles’ Nationally Determined Contribution and with the technical and financial capacity of the government.
- Where adaptation and mitigation measures are inadequate, the paper recommends exploiting insurance policies and innovative financial instruments further.
- Experience from other small states indicates that small policy changes can still have a significant impact.

### Findings and Key Points
- Climate and natural disaster risks listed:
  - Rising sea levels
  - Changing rainfall patterns
  - Increasingly intense and frequent tropical cyclones
  - Massive coral bleaching
- Economic and social implications: these climate phenomena are compounding economic and social risks in Seychelles.
- Policy alignment requirement: proposed policies should be aligned with Seychelles’ Nationally Determined Contribution and the government’s technical and financial capacity.
- Lessons from peers: small policy changes in other small states have produced significant impacts.

### Policy Recommendations
- Combine adaptation and mitigation strategies in a cohesive policy mix.
- Align policies with Seychelles’ Nationally Determined Contribution.
- Design policies consistent with the government’s technical and financial capacity.
- Further exploit insurance policies and innovative financial instruments when adaptation and mitigation measures are inadequate.
- Consider incremental reforms reflecting experience from other small states, recognizing that small changes can yield significant benefits.

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17161.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17161.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/06/20/seychelles-selected-issues-44996_