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Republic of Madagascar: Technical Assistance Report-Climate Macroeconomic Assessment Program
Author:
International Monetary Fund. Fiscal Affairs Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 342
Language:
English
Publication Date:
16 Nov 2022
DOI:
https://doi.org/10.5089/9798400226212.002
ISBN:
9798400226212
ISSN:
1934-7685
Pages:
80
Keywords:
risk assessment; mitigation goal; climate change Baseline; climate change concern; mainstream climate change; Climate change; Natural disasters; Infrastructure; Public investment spending; Sub-Saharan Africa; Global; Africa
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Madagascar is exposed to a multitude of climate hazards such as tropical cyclones, droughts, and floods, which cause significant damage to key sectors, thereby undermining development efforts. Madagascar continues to develop strategies and policies for addressing climate change, including commitments under the Nationally Determined Contribution, natural disaster risk management, adaptation measures, and ongoing public financial management and public investment management reforms. Resilience to climate shocks and natural disasters can only be achieved through a combination of climate measures, public investment efficiency measures and public investments in both human capital and resilient infrastructure.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund