This paper, Policy Trade-Offs in Building Resilience to Natural Disasters: The Case of St. Lucia, uses a dynamic general equilibrium model that incorporates natural disasters to assess the macroeconomic impact of financial protection and structural protection, and the associated policy trade-offs.
This paper integrates into the IMF Fiscal Transparency Code (FTC) a new fourth pillar (Pillar IV) on natural resource revenue management. The newly completed FTC integrates transparency principles for natural resource revenue management in a unified four-pillar framework.
Burkina Faso Strategy for Accelerated Growth and Sustainable Development is the continuation of the reforms undertaken since the adoption of the Poverty Reduction Strategy Paper (PRSP) in 2000. It is aimed at accelerating growth and promoting sustainable development, especially the building of modern and cohesive society.
Congo's National Development Plan (NDP) is a common roadmap for moving Congo forward and to integrate multilayer and multisectoral strategic planning framework that gives life to the President's vision, embodied in the "Future Path". Its primary objective is to expedite the modernization of society and industrialization of Congo, with a view to creating greater prosperity and thus set the stage for Congo's emergence in the global economy.
Belize is exceptionally vulnerable to natural disasters and climate change. This report, Belize: Climate Change Policy Assessment, takes stock of Belize’s plans to manage its climate response, from the perspective of their macroeconomic and fiscal implications. It suggests macroeconomically relevant reforms that could strengthen the likelihood of success of the national strategy and identifies policy gaps and resource needs.
World Bank Group, Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IDB), International Monetary Fund (IMF), Independent Evaluation Group (IEG)
This review The Nexus Between Infrastructure And Environment: From the Evaluation Cooperation Group of the International Financial Institutions was commissioned by the Evaluation Coordination Group (ECG) to evaluate members' experiences regarding the detrimental impacts of infrastructure on the environment and to enhance infrastructure's positive contribution to the environment. It finds that a more proactive and comprehensive approach, addressing nexus issues at the project level as well as at sectoral and national levels, is needed.
It is becoming increasingly clear that fossil fuels impose a high price on society through local environmental pollution and Africa’s particular vulnerability to climate change. By comparing results from state-of-the-art Integrated Assessment Models, this report find different options for achieving a sustainable energy supply in Africa.
Self-insurance Against Natural Disasters: The use of pension funds in Pacific Island countries provides a normative analysis of the use of early pension withdrawals after disasters, by setting up a life-cycle saving model with myopic households facing large natural disaster shocks