IMF Working Paper Building Resilience to Natural Disasters

IMF Working Paper Building Resilience to Natural Disasters

— An Application to Small Developing States We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign’s…...

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Paris Agreement

The Paris Agreement builds upon the Convention and – for the first time – brings all nations into a common cause to undertake ambitious efforts to combat climate change and adapt to its effects, with enhanced support to assist developing countries to do so. As such, it charts a new…...

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USAID/OFDA Continues to Assist Hurricane

-Affected Residents of Dominica – October 2017 USAID/OFDA continues to assist communities in Dominica affected by Hurricane Maria, a powerful Category 5 hurricane that passed directly over the eastern Caribbean island. Hurricane Maria struck Dominica the night of September 18, resulting in catastrophic damage across the country. The storm caused…...

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CDEMA Situation Report #9 – Hurricane Maria

SYNOPSIS OF HURRICANE MARIA Maria, the 13th named storm of the 2017 Atlantic Hurricane Season, became a category 5 hurricane near the Leeward Islands on Monday September 18 , 2017. Hurricane Maria impacted Dominica at approximately 9:35pm on September 18 th th as an extremely strong hurricane with wind speeds…...

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Dominica’s Low-Carbon Climate-Resilient Strategy

Counted amongst the few nations that can be termed “carbon neutral” in light of the country’s limited use of fossil fuels (28% of energy from renewable sources) and significant system of protected areas that serve as carbon sinks, the Government of the Commonwealth of Dominica is embarking on a Low-Carbon…...

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